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Chinese company LeEco which started out as the "Chinese Netflix" but is now fast becoming a huge conglomerate with internet based media content, to HD TV's to Smartphones and soon, also electric vehicles integrated in a content oriented platform, is now entering the US in a big way with a huge headquarters in Silicon Valley soon to employ 12,000 employees. This is part of an ongoing trend of Chinese companies rapidly moving up the value chain and also many giants now quickly expanding into overseas markets because the Chinese market is becoming too competitive and saturated. Also, another trend is the increasing merger and partnerships of the Chinese technology and media worlds with America's Silicon Valley and Hollywood.
http://www.forbes.com/sites/rebeccaf.../#650277631b8a
http://www.forbes.com/sites/ellenshe.../#2b72b40b5e41
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