After LeEco reported financial problems, rumors of layoffs and bankruptcies emerged one after another. After LeEco had announced that it would close its cloud disk service, LeEco mobile phones also issued an announcement, announcing that it would stop service for LeEco's super mobile phone cloud album on June 30. At present, LeCloud cloud storage service provided by LeTV mobile phone is based on LeCloud cloud disk service, and the closure of LeCloud disk also causes LeCloud mobile phone to temporarily lose its support for cloud services, including cloud album, cloud file file management APP, etc., which will stop service after June 30, 2017. Users must visit cloud.le.com to download backup photos and files before this. However, the closure of LeEco Cloud Disk was not only affected by the financial crisis of LeEco Group, but also restricted by some policy reasons. 360 Cloud Disk, Sina Microdisk and other cloud services have been closed in succession. In addition, it is rumored that LeTV's mobile phone business will also be cut by more than 50%, and will lose the ability to develop new mobile phones, which is actually in a state of suspension. However, LeEco Mobile later responded that "the new phone plan is going on normally", and said that the research, development, sales, and operation of LeEco's super phone are all in normal operation.

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