It’s been touted and shown off for a few months now, but it looks like ASUS may have finally given up on its luxurious Lamborghini-branded ZX1 smartphone, at least whether Alex of MoDaCo is to be believed. According to him, ASUS has cancelled the planned summer launch of the device in order to ensure that “more critical devices” scheduled for Q4 of that year are released on time. No word whether that means we may still eventually see the pricey phone released sooner or later, but we wouldn’t recommend holding your breath at the moment.