Razer Developing Gaming Smartphone?




/ 3 years ago

Razer Developing Gaming Smartphone?

Peripheral maker Razer is planning to launch a new smartphone aimed at gamers, according to a Bloomberg report. To facilitate the move, the company is planning $5 billion IPO in Hong Kong this year. Previously this year, Razer even bought up fledgeling smartphone company Nextbit.

A Smartphone for “Hardcore Gamers”

Bloomberg’s Lulu Yilun Chen and Crystal Tse write:

“Razer Inc. is shooting for a Hong Kong initial public offering that could value the gaming gear maker at as much as $5 billion and help fund development of its own mobile phone, people familiar with the matter said.

The company — which makes accessories from mice to laptops that bear a green tri-headed snake — is developing a mobile device tailored for its consumer base of hardcore gamers, according to the people. Razer’s share sale, which will give it ample ammunition to develop new gadgets, will seek to value the company at $3 billion to $5 billion, the people said, asking not to be identified talking about internal plans. It aims to list around October, the people said.”

Nextbit Purchase

The move comes as no surprise following Razer’s purchase of Nextbit earlier this year. Founded by former Android and HTC team members, Nextbit built the Android-based Robin smartphone, funded via Kickstarter. Nextbit designed the innovative Robin to be supported by 100GB of cloud storage. Sadly, Razer pulled the Robin from production following its takeover of Nextbit.

Razer Developing Gaming Smartphone? 1


Topics: ,

Support eTeknix.com

By supporting eTeknix, you help us grow and continue to bring you the latest newsreviews, and competitions. Follow us on FacebookTwitter and Instagram to keep up with the latest technology news, reviews and more. Share your favourite articles, chat with the team and more. Also check out eTeknix YouTube, where you'll find our latest video reviews, event coverage and features in 4K!

Looking for more exciting features on the latest technology? Check out our What We Know So Far section or our Fun Reads for some interesting original features.

eTeknix Facebook eTeknix Twitter eTeknix Instagram eTeknix Instagram

Check out our Latest Video

  • Be Social With eTeknix

    Facebook Twitter YouTube Instagram Reddit RSS
  • Latest Video

  • Features

  • Poll

    AMD or Intel?

    View Results

  • Archives


Send this to a friend