HP’s first webOS-based smartphone, Pre 3, will not be released in the U.S., as HP has canceled its U.S. release plans for the Pre 3 altogether.

The decision was taken a week after the device arrived in Europe and after HP announced that the company will discontinue with its TouchPad.

A report from PC Magazine said that the unlocked Pre 3 will be discounted to the equivalent of roughly $75 in Europe. Although a price drop date is yet to be announced, the cut has already taken place in Germany.

Previously, it was reported that Pre 3 was originally selling for €349 ($502) in Europe and £299 ($494) in the United Kingdom, ZDNet reported.

The 3.58-inch Pre 3 runs on webOS 2.2 and is powered by a 1.4 GHz processor, Adreno 205 GPU, Qualcomm MSM8255 Snapdragon. The smartphone boasts a 5 MP, 2592?1944 pixels, autofocus, LED flash camera with video recording at 720p.

Elsewhere, HP TouchPad’s price in the U.S. was previously reduced considerably. Both the models of the TouchPad, 16GB and 32GB for $100 and $150 respectively are now being sold. Best Buy Canada started selling the 16 GB TouchPad for $99.99, compared to its previous price of $399.99. The 32 GB version of the device also had its price cut from $499.99 to $149.99.

The fall in prices came just a day after HP announced that the company will halt the device’s production and will shut down operations for its webOS devices.