Wednesday February 20, 2019
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LeEco- Phone which is breaking all selling record

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By-Mukul Gogna

New Delhi: LeEco, Chinese smartphone has been breaking all records of selling. The third flash sale of this phone ended in just nine seconds yesterday. Here you can know more about this phone.

LeEco 1s

Rs 10999

Kudos! Latest Technology just got pocket-friendly. LeEco 1s offers such amazing and breathtaking features that everyone would surely love to buy it.

Decent Camera, powerful processor, 4G support and what not. LeEco 1s comes up with all the features that one admires to have in their smartphones.

Coming on the look and feel, LeEco comes up with premium design and material. Its body is almost metallic having two plastic strips running along the top and bottom of the rear. The Front face is super smooth, the black glass surrounding the screen makes it even more mesmerizing.

Below, Le Eco 1s has three basic android navigation buttons which light up on tapping it. On the bottom of it, it has the Type-C USB port which has comparatively much faster transfer rate than current USB ports.

Having a decent grip, it comes up a 5.5-inch screen, handset weighing 169g doesn’t seem that heavy to use.

Talking about specifications, the phone has not so common yet much powerful MediaTek Helio X10 processor. This is 8 core choked at up to 2.2GHz.

And yes it has superb 3GB RAM and 32GB non-expandable storage. The 5.5-inch screen has a resolution of 1080×1920.

13-megapixel rear camera and the 5-megapixel front camera captures quality images. Even in low light, it satisfies user’s demands but not up to mark.

Sealed in 3000mAh battery

Bluetooth, WiFi, 4G and GPS all are supported in this handset. But unfortunately, does not support FM radio.

This phone is a Dual SIM phone with 4G supported on both the SIM cards.

It runs on Android 5.0.2 with LeEco’s eUI skin. Its eUI is different from others as all the shortcuts and quick settings have been shifted to app switcher screen, which is a new feature and can be a bit difficult to adapt for all the users.

In case you get uncomfortable with the screen size, the company does not provide you with one handed mode which shrinks the screen display size.

Performance, which not every company provides even after guaranteeing for it. The software though seems unfinished but even after gaming and running other heavy applications, the handset doesn’t gets much heated up.

All in all, you can go for it as it provides all latest features under the 10,999 range smartphones. The handset gives a premium look and will surely enhance your personality.(Image-gadgethouse.com)

Next Story

Chinese Police Catches Hold of $1.5 Billion Money in Online Lending Scandal

The internet has helped financial platforms attract money from financial novices with little knowledge of the risks involved.

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Chinese policemen watch as depositors from Ezubao gather outside the State Bureau for Letters and Calls Reception Division office in Beijing, Jan. 1, 2016. China's policy ministry says it investigated 380 online lenders following an avalanche of scandals. VOA

Chinese police have investigated 380 online lenders and frozen $1.5 billion in assets following an avalanche of scandals in the huge but lightly regulated industry, the government announced Monday.

Beijing allowed a private finance industry to flourish in order to supply credit to entrepreneurs and households that aren’t served by the state-run banking system. But that threatens to become a liability for the ruling Communist Party after bankruptcies and fraud cases prompted protests and complaints of official indifference to small investors.

The police ministry said it launched the investigation because person-to-person, or P2P, lending was increasingly risky and rife with complaints about fraud, mismanagement and waste.

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The police ministry said it launched the investigation because person-to-person, or P2P, lending was increasingly risky and rife with complaints about fraud, mismanagement and waste. Pixabay

The ministry gave no details of arrests but said more than 100 executives were being sought by investigators and some had fled abroad. It said authorities seized or froze 10 billion yuan ($1.5 billion) but gave no indication how much might be returned to depositors.

Police say some lenders and investment vehicles were brazenly fraudulent, while others collapsed after inexperienced founders failed to manage risk.

Monday’s statement said P2P lenders were investigated for complaints including wasting money, reporting phony investment plans and using illegal tactics to raise money.

Lending through online platforms grew by triple digits annually until 2017 when regulators tightened controls.

Depositors lent 1.9 trillion yuan ($280 billion) last year, but that was down by 50 percent from 2017, according to the Shenzhen Qiancheng Internet Finance Research Institute.

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The internet has helped financial platforms attract money from financial novices with little knowledge of the risks involved. Pixabay

The outstanding loan balance stood at 1.2 trillion yuan ($177 billion) at the end of 2018, down 25 percent from a year earlier, according to Diyi Wangdai, a web site that reports on the industry.

P2P lenders are part of a privately run Chinese finance industry the national bank regulator estimated in 2015 had grown to $1.5 trillion.

The internet has helped financial platforms attract money from financial novices with little knowledge of the risks involved.

Many lend to factories and retailers or invest in restaurants, car washes and other businesses. But inexperience and poor risk control means a downturn in business conditions can bankrupt them.

Also Read: Sales of Smart Feature Phones Expected To Be About $28 Billion Over Next Three Years

Finance as a whole has come under tougher scrutiny after a 2015 plunge in stock prices led to accusations of insider trading and other offenses.

In one of China’s biggest financial scams, authorities say depositors lost 50 billion yuan ($7.7 billion) in online lender Ezubo before it was seized by regulators in 2015.

The founder and his brother were sentenced to life in prison in 2017. (VOA)