Razer might be looking to get into the smartphone business

Is a Razer smartphone in the works? Apparently, it is. A new report from Bloomberg claims the company is working on one. And it’s targeting an IPO in Hong Kong around October that could value the business at US$5 billion. According to the report, some of the funds will be used to build this gaming-centric smartphone. It’s not an unlikely move for the company, even with its current focus on gaming laptops and peripherals. Razer bought smartphone company Nextbit earlier this year. They have said it’ll operate as an independent company but they haven’t really spoken about plans for Nextbit since then.

We won’t know at the moment if the phone will be sold under Nextbit or Razer and when it could be released—if it does hit the market. But with the IPO scheduled later in the year, we’re sure we’d have to wait until next year for this rumoured smartphone to come out (if it ever does, that is).