Edison Chen - Stepped away from HK entertainment industry

Is it true that Edison Chen declared to step away from the HK entertainment industry after all the porn photos taken by him being published? Received this url from a friend, it's a clip which Edison Chen announced that he's going to step away from the HK entertainment industry and do charity/community service work. He also admit that the photo were mostly taken by him and apologized for what he did.

hmm, what a waste ya, bright future.. what he gonna do after stepping out from the entertainment industry? 早知如此， 何必当初？

p/s: hmm, stepped away from HK entertainment industry, that means can still be in China or other country's entertainment industry lar.. clever clever!!