Motorola Mobility LLC plans to launch a next-generation foldable Razr phone "very soon," an executive told CNBC.
When unfolded, the new Razr could have a less obvious crease in its inner display.
- Yuanqing Yang, CEO of Motorola parent Lenovo, told CNBC that the device is "much better" than prior versions.
- Motorola released its last version of the foldable Razr last year in China and Europe.
- The updated 2023 version could have a larger outer display and improvements in the hinge design.
- Motorola released the original V3 Razr phone in 2004.
- While foldable devices made up an estimated 1.1%
of last year's smartphone shipments, electronics makers have announced
more foldables lately — some were unveiled during this week's Mobile World Congress trade show.
- OnePlus, for example, confirmed plans to release a foldable phone in the second half of this year.