ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter

Woes deepen for China's smaller smartphone makers

Gionee and LeEco are among those struggling as demand slows

TAIPEI The recent struggles of Gionee Communication Equipment and LeEco are raising doubts about whether second-tier Chinese smartphone makers can survive slowing domestic demand for handsets.

According to local media reports, a Chinese court has frozen Gionee Chairman and CEO Liu Lirong's 41.4% stake in the smartphone maker for a period of two years. The company is reportedly having trouble paying its suppliers.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more