iQiyi, a Chinese online video service, confirmed the rumor that it is developing Smart TV with local media DoNews (in Chinese). The device, with a 46-inch screen and priced at 3000-4000 yuan, will be released in September. It’s unknown which TV manufacturer is producing the hardware.

It is reported that iQiyi, unlike LeTV, would not get involved in hardware manufacturing but only develop software to support online video streaming.

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Tracey Xiang

Tracey Xiang is Beijing, China-based tech writer. Reach her at traceyxiang@gmail.com