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Razer teams up with Tencent on mobile gaming

·Finance Editor
Razer products are displayed at a news conference ahead of its IPO in Hong Kong, (Photo: REUTERS/Bobby Yip)
Razer products are displayed at a news conference ahead of its IPO in Hong Kong, (Photo: REUTERS/Bobby Yip)

Razer has announced a mobile gaming partnership with Chinese internet giant Tencent Holdings.

The cooperation will cover hardware, software, and services, the Hong Kong-listed gaming peripherals company said in a statement on Thursday (21 March).

The two companies are working on optimising Tencent’s mobile games for Razer’s mobile game platforms and the Razer Cortex mobile game launcher. They will also explore the use of Razer technologies within Tencent mobile games – such as Chroma RGB lighting as well as THX Spatial Audio from Razer’s audio technology subsidiary THX.

Razer and Tencent will also look at “additional monetization opportunities” including the integration of Razer’s services.

“We have been working with Tencent since 2008 and are excited to now enter into a collaboration with them to spearhead future innovation in the space,” said Tan Min-Liang Tan, co-founder and CEO of Razer.

On Thursday (21 March), Razer reported that its 2018 revenue grew 38 per cent to US$712.4 million while net loss narrowed 41 per cent to US$97.9 million.

Related stories:

Razer to boost headcount to 1,000 staff in Singapore by end-2020

Razer opens beta for Razer Pay in Singapore; eyes full launch in first half

Razer Game Store will shut down just ten months after opening

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