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Nov. 13, 2019, 11:36 p.m. EST

Motorola is back with a new Razr flip phone — for $1,500

Small phone with foldable screen will launch in U.S. in January

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By Associated Press


Motorola via AP
Motorola’s new Razr phone with a foldable screen.

NEW YORK — Motorola is bracing for the future by returning to the past. The company is adapting its historical flip-phone design for a smartphone with a foldable screen.

Samsung /zigman2/quotes/209800866/delayed KR:005930 +1.82%  , Huawei and others have phones that fold like a book and offer a double-sized display when unfolded.

Motorola’s new Razr phone, on the other hand, will be smaller than a regular smartphone until unfolded to its full 6.2 inch size. The idea is to make the phone more compact for carrying and storing when folded and not in use.

People have been upgrading smartphones less often as innovation slows down. The phone industry has been looking to foldable screens as a way to revive sales, though they are still niche products.

The phone will launch in the U.S. in January starting at $1,500.

Motorola Mobility is a unit of Lenovo /zigman2/quotes/205368244/delayed HK:992 +0.60%  .

/zigman2/quotes/209800866/delayed
KR : S. Korea: KRX
50,400.00
+900.00 +1.82%
Volume: 11.41M
Dec. 6, 2019 3:30p
P/E Ratio
13.91
Dividend Yield
2.81%
Market Cap
₩336237.00 billion
Rev. per Employee
N/A
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/zigman2/quotes/205368244/delayed
HK : Hong Kong
HK$ 5.02
+0.03 +0.60%
Volume: 35.92M
Dec. 6, 2019 4:08p
P/E Ratio
11.04
Dividend Yield
5.60%
Market Cap
HK$59.95 billion
Rev. per Employee
HK$7.25M
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