Chinese tech company LeEco has been in severe financial stress of late. The company is said to be facing a major cash crunch because its expansion efforts "have gone too far", according to the CEO's own admission. However, LeEco may be down, but it’s definitely not out. The company expects to sort out its problems within three to four months, and continues to develop new smartphones even as shares of its holding company, Leshi Internet Information and Technology Corp, was recently halted from trading on the Shenzhen Stock exchange in China. The company entered the U.S. market earlier this year with a couple of new smartphones called the Le Pro 3 and the Le S3, and if latest rumors are anything to go by, there are at least three more new devices in the pipeline from the company.
While the rumored LeEco LEX920 and the LEX850 are both likely to be premium phablets powered by the Snapdragon 820, the company is apparently also working on a more affordable mid-ranger that has now popped up on Geekbench, giving us a bit of an idea about what to expect from the company’s upcoming handset. The device has been listed on the benchmarking site as ‘LEX622’, and will apparently be powered by the Mediatek Helio X20 (MT6797) SoC. The chip comes with an integrated deca-core CPU and a Mali-T880 MP4 GPU. While the two Cortex-A72 cores in the Helio X20 can generally run at a frequency of up to 2.5GHz, the Geekbench listing for this particular device indicates a max operating frequency of only about 1.39GHz. The listing also reveals that the upcoming model will have 3GB of RAM and will come with Android 6.0 Marshmallow out-of-the-box.
While we’re still no closer to learning about some of the other key specifications about the device like screen size and the cameras, we can safely assume that a few more leaks in the coming weeks will give more info about what to expect from LeEco’s upcoming handset. There's no word on when any of the rumored devices will come to the market either, but it should happen at some stage in the coming months. LeEco will be hoping that its next-generation smartphones will help it tide over its current cash crunch, so that its ambitious autonomous vehicles project isn’t derailed.