Razer looking to build gaming-focused phone with fresh funds from stock IPO
(Android Central)

Well, this is an expected turn of events. Razer is developing a gaming-focused smartphone, but the launch could potentially hinge on whether it can raise money from the stock market with an IPO (initial public offering) in Hong Kong. The potential IPO could value the gaming hardware company at up to $5 billion, making it one of the biggest IPOs in years. Rumor has it the offering could come as soon as October. With the funding from offering its stock publicly, Razer hopes to push into the smartphone market — something obviously foreshadowed by its acquisition of Nextbit six months ago in January. Nextbit ceased sales of its only phone, the Robin, immediately after the buyout and has since operated stealthily inside of Razer. What can Razer bring to the table to differentiate itself in a competitive market? Details on what such a `gaming` smartphone would entail remain a mystery. Razer has built an amazing brand in gaming over just a handful of years, starting with simpl...