On July 26, US time, LeEco announced that it would acquire VIZIO, the largest smart TV manufacturer in the US, with an invitation of US $2 billion. This acquisition is a full cash acquisition. The acquisition subject is LeEco Group (in parallel with LeEco). The transaction will be completed within six months.

As an important part of LeTV's entry into the North American market, LeTV will set up two headquarters in China and the United States in the future. VIZIO, founded in 2003, is the largest smart TV manufacturer in the United States. Headquartered in California, the United States, its founder and CEO is Wang Wei, an American Chinese entrepreneur. Wang Wei said at the press conference that VIZIO's annual revenue exceeded $3 billion. According to Wang Weiran, she has rejected the acquisition of LeEco many times before. After the transaction is completed, Wang Weiran will remain as the chairman and CEO of Inscape. According to the data of foreign research institutions, the global total shipment of LCD TVs in 2015 was 215 million, of which Samsung and LG firmly occupied the top two, with 48 million and 30 million respectively.