Element Plans To Halt U.S. TV Production As Tariffs On Parts Hit Home
Element, which has the distinction as one of the last remaining U.S. television manufacturers, is planning to end production at its factory in Winnsboro, South Carolina in October, due to tariffs on component TV parts sent from China. Element issued a statement on its Facebook…
LeEco Announces Massive U.S. Layoff
UPDATE! The future of Chinese tech giant LeEco’s ambitious plan to conquer the United States and the rest of the world through a consumer electronics/streaming services ecosystem play got a lot more complicated Tuesday. LeEco officially announced that it had laid off 325 U.S….