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Compal may need to declare NT$700 million loss in 2Q17 and 3Q17 due to LeEco debt, says paper

Joseph Tsai, DIGITIMES, Taipei Wednesday 5 July 2017 0

With China having recently frozen assets of China-based LeEco and its founder worth of CNY1.2 billion (US$179.88 million), Compal Electronics, a major upstream partner of LeEco, may need to declare NT$700 million in bad debts in the second and third...

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