Razer to exit smartphone market?

I never really understood Razer's ambition to enter the smartphone market, and it seems this story is coming to an end. Droid Life heard whispers that the future Razer Phone 3 has been cancelled, and that Razer cut the majority of its mobile device and hardware engineer staff.

In a statement, Razer confirmed some staff members were let go in the mobile division, and that others were reassigned to other new projects. Overall, the statement is rather confusing and doesn't provide clarity about the future of Razer's smartphone unit.

Following our original story, Razer has clarified more on how the recent cuts affect their mobile division. Below is the newest statement.

In our mobile division, there were some staff members who were let go, and others who were reassigned to other new projects. We see great opportunities in the mobile gaming space that we created with the Razer Phone and will continue to invest in this category through a combination of hardware and software initiatives. We are working on new exciting mobile projects and will share the news when we are ready. The Razer Phone 2 will continue to be on sale and we are committed to supporting it with the latest updates and features.