Chinese tech giant LeEco tried to enter the US market in late 2016 with a variety of Android-powered phones and TVs, but the company expanded too quickly. Just two days later, the CEO admitted that in a leaked memo, and two months later the company halted trading of its own stock due to massive losses.
Read More[Update: Site now redirects] LeEco's website goes down as the company's financial troubles worsen was written by the awesome team at Android Police.