LeTV, the Chinese online video and smart TV company, is reportedly developing smartphones as the company have poaches executives from major Chinese smartphone makers including Meizu, Xiaomi and Lenovo.

What has been confirmed is two former vice presidents at Meizu have joined LeTV (via Yude). It is rumored that LeTV reached out to Meizu after the latter finally decided to raise funding earlier this year. A dozen of Chinese companies, from Internet giants to traditional electronics manufacturers, showed interest in investing in Meizu then. But, as reported, Meizu hasn’t reached any deal with anyone so far.

For whom that don’t know much about Meizu, the smartphone manufacturer was one of the earliest Chinese Android smartphone makers, and one of the few that design and produce phones in house. Meizu founder has been so angry with Lei Jun, CEO and co-founder of Xiaomi, the rising star in China’s smartphone market, claiming Xiaomi stole his company’s business secrets as Mr. Lei once visited him offering to invest in Meizu several years ago.

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Tracey Xiang

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