According to a report in The Wall Street Journal, Motorola Razr will be launched as a foldable smartphone that will bear a premium price tag. Lenovo is said to be planning to launch the device with a foldable display. Lenovo, which is Motorola’s parent company, is also reportedly working with Verizon so that the upcoming smartphone can be launched in February. It is being said that the new Motorola Razr smartphone may bear a price tag of $1,500 which on converting to Indian money becomes approximately Rs 1,04,300. Although we personally really loved the smartphone back in 2000s, we feel that if the smartphone actually costs this much, people may find it to be a bit overpriced considering that the device’s unique selling point is nostalgia.

However, the report has not been confirmed by Motorola yet. To recall, Motorola Razr was launched in 2004 and was called the Razr V3 back then. It became a rage among the youth primarily because of its utlra-thin body and stylish design. In four years, the company managed to sell over 130 million units of the Motorola Razr phone. We should also mention that this isn’t the first time that the company has partnered with Verizon to relaunch the Razr phone. In 2011 and 2012, both the companies worked together to launch the Droid Razr smartphone, which was the thinnest phone in the world when at the time of its launch. Bringing back Motorola Razr definitely seems like a great idea, however, if the pricing we mentioned earlier is true, we have our doubts if there will be many who would want to buy it. A number of technology companies are focussing on foldable phones this year, and bringing back Motorola Razr may be Lenovo’s way of joining the bandwagon. For the latest gadget and tech news, and gadget reviews, follow us on Twitter, Facebook and Instagram. For newest tech & gadget videos subscribe to our YouTube Channel.

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