Gaming company Razer is developing a mobile device that will be ready by the end of the year
The company is looking for ‘a substantial float’ from a planned Hong Kong IPO
By Cheang Ming
Gaming company Razer has confirmed it is in the process of developing a mobile device focusing on gaming and entertainment.
“One of the most hotly rumoured things about Razer is that we’re coming up with a mobile device. And I can say that we are coming up with a mobile device specifically geared toward gamers and entertainment,” Min-Liang Tan, CEO and co-founder of Razer, told CNBC’s “Managing Asia.”
“We’re hoping to have it come ... by the end of the year, so that’s something we’re working on,” Tan said.
Best known for its gaming mice and laptops, speculation had been rife about the company’s mobile ambitions after it announced its acquisition of smartphone-maker Nextbit in January this year. Razer later shut down support for Nextbit’s cloud-based Robin phone in August, tech news outlet CNET reported.
Still, the mobile market looks set to remain a key focus at the company.
“The mobile market is one of those that we’ve taken a long-term view to look at ... We realised that a lot of our gamers are also passionate about the mobile gaming market, so we’ve done a couple of moves,” Tan said.