What just happened? Handheld gaming PCs might be incredibly popular right now, but that doesn't mean they'll all be successful. The clamshell-style Ayaneo Flip, for example, has been killed off, despite some backers of the crowdfunding campaign already having received their units. Those still waiting for one now have just 30 days to file for a refund. The Ayaneo Flip's crowdfunding campaign launched in January last year. Liliputing writes that the first units started shipping to backers a few months later, but more than a year after the campaign began, some backers still haven't received their handhelds and never will.Ayaneo has announced that after careful consideration and evaluation of its product roadmap and strategic priorities, there are currently no immediate plans to proceed with production of the Ayaneo Flip. The company said the move was necessary to ensure it focuses on delivering exceptional experiences through its existing and upcoming product lines.Those backers still waiting for one of the handhelds now have two options. They can either request a full repayment of the money they handed over, or they can switch their order to any equivalent Ayaneo product currently available, with price differences "settled accordingly."The announcement specifies that backers have 30 days (until Friday, March 28, 2025) to contact the customer service team to confirm their chosen option.The Ayaneo Flip was marketed as the first-ever dual-screen Windows handheld, with a 3.5-inch, 960 x 640 secondary touchscreen between the controllers for viewing system stats and more. // Related StoriesThe Flip features an AMD Ryzen 7 8840U or 7840U processor along with a seven-inch 1080p 120Hz IPS screen. RAM ranged from 16GB to 64GB, while storage went from 512GB to 2TB. There's also an M.2 2230 slot for a user-upgradeable PCIe 4.0 NVMe SSD.Another model featured a small RGB backlit keyboard in place of the smaller screen.The news is a reminder of the inherent risks that come when backing any project, even one from a company as well-established as Ayaneo.Reports this week indicate that approximately six million handheld gaming PCs have been sold since the Steam Deck's launch in 2022, with Valve's handheld accounting for over 3.7 million of those units.