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Chinese TV maker LeEco reportedly looking at buying Vizio

Vizio and LeEco are scheduled to host a joint press event on Tuesday.

David Katzmaier Editorial Director -- Personal Tech
David reviews TVs and leads the Personal Tech team at CNET, covering mobile, software, computing, streaming and home entertainment. We provide helpful, expert reviews, advice and videos on what gadget or service to buy and how to get the most out of it.
Expertise A 20-year CNET veteran, David has been reviewing TVs since the days of CRT, rear-projection and plasma. Prior to CNET he worked at Sound & Vision magazine and eTown.com. He is known to two people on Twitter as the Cormac McCarthy of consumer electronics. Credentials
  • Although still awaiting his Oscar for Best Picture Reviewer, David does hold certifications from the Imaging Science Foundation and the National Institutes of Standards and Technology on display calibration and evaluation.
David Katzmaier
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It's not Verizon gobbling up Yahoo, but by the standards of the TV market, an acquisition of Vizio by LeEco could be big.

A series of reports, the latest by India's The Economic Times, points to either an acquisition or investment by the Chinese conglomerate LeEco in Irvine, California-based Vizio, which along with Samsung has been one of the two most-popular TV brands in the U.S. over the last few years. Vizio TVs are among CNET's most-recommended models.

Neither Vizio nor LeEco responded immediately to CNET's request for comment.

But Vizio and LeEco are slated tomorrow to host a joint press event in Hollywood, California, which should provide more details. It's possible the two companies could announce a partnership, joint investment or new products rather than an acquisition.