LeTV, online video-related service provider,  launched its third smart TV, S50, today. With a 50-inch screen, S50 has 2D and 3D versions that are sold for 2499 yuan ($410) and 2999 yuan ($490), respectively.

The new model also charges an annual fee, 490 yuan, for premium content. Users can opt-out of it but enjoy other services.

As smart TVs in China market are not that different from one another in functions or video content, what they compete for are screen size, price and the like.

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Tracey Xiang

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