iQiyi announced its Internet TV, named TV+, would debut on JD.com (formerly 360Buy) on September 4th. It turns out the TV set is made by TCL, a leading consumer electronics manufacturer in China.
iQiyi developed an Android-based solution, iQIYIinside, that has integrated content on its video site and PPS, a peer-to-peer online video service iQiyi just merged. It also includes Internet services or features, games, Baidu Baike (a Wikipedia-like service), voice control, among others.
There will be two models, priced at 4567 yuan and 2999 yuan, respectively. The cheaper one is expected to be on market in November.
Unlike LeTV who takes several hundred yuan an annual fee, iQiyi TV doesn’t plan to charge users for consuming content. iQiyi also sets prices slightly lower than LeTV’s.
TCL has been in TV production business for years that equips iQiyi TV with advanced chip and screen.
The Smart TV market in China has been very crowded. Those that have launched the real thing include LeTV and Alibaba. It is expected that Xiaomi would launch a Smart TV on September 5th. Youku also is developing its Internet TV products.
image credit: iQiyi Official Weibo