Compal recognizes losses of NT$2.9 billion from LeEco in 2Q17 financial report

Aaron Lee, Taipei; Joseph Tsai, DIGITIMES Asia Friday 11 August 2017 0

Compal Electronics has recognized losses of NT$2.9 billion (US$97.44 million) in its second-quarter financial results from bad debts from LeEco. Compal so far has lost NT$4.28 billion arising from LeEco's financial crisis.

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