Good news! ASUS will keep making Zenfones
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ASUS confirms it's NOT shutting down the Zenfone division
https://www.androidauthority.com/asus-zenfone-division-shutdown-official-statement-3358842/
ASUS has denied reports about the shutdown of the Zenfone division. The company aims to continue its dual-brand smartphone strategy.
They're not actually "compact" but they're the closest thing we have in Android world.