A new version of the Motorola Razr will be released in 2023, according to the CEO of Lenovo, which now owns the brand.
The Razr is an iconic piece in Motorola's history and was first released to the market in 2004, becoming one of the most beloved flip phones of its era.
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In 2020, Motorola brought the Razr back to life with a modern take – a foldable version. The Razr retains iconic foldable design , but unlike the original device, the screen itself can bend, allowing the phone to fold.
In an interview with CNBC at the Mobile World Congress in Barcelona, Lenovo CEO Yuanqing Yangsaid that the response to the Razr has been encouraging and that Motorola will soon release a new version of its foldable phone.
See also: OnePlus: Its first foldable smartphone is bigger than you think
“I think it’s much better,” Yang said of the new device.
While he didn't give many details, he said the improvements will focus on the folding mechanism and on- device. Major smartphone makers like Samsung and Honor, which have also released foldable phones, have focused on the folding mechanism to make sure it's durable and doesn't create a line on the device's display. Yang said Motorola is also checking those points on the Razr.
In recent weeks, Honor and Oppo have released their foldable smartphones to the global public. This new technology has been met with enthusiasm by consumers around the world, but they are still not being used by many users.
See also: Microsoft's Surface Duo 3: It will have a foldable screen
Foldable smartphones accounted for just 1.1% of total smartphone shipments in 2022, according to research firm IDC. They are expected to grow to 2.8% in 2026.
Yang said that the prices of foldable smartphones are quite high right now, but they will come down in the future. The price reduction may make more users switch to these phones.
Foldable phones are set to revolutionize the way people use their mobile devices, offering unprecedented levels of convenience and flexibility in a sleek package.
Motorola is known for experimenting with smartphone design. At MWC, the company showed off a so-called “rollable” smartphone.
Source: www.cnbc.com
