financetom
Business
financetom
/
Business
/
Iconic Moto Razr to make comeback in US
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Iconic Moto Razr to make comeback in US
Jan 17, 2019 6:00 AM

The iconic Moto Razr phone is set to make a comeback as Lenovo Group Inc. has collaborated with American telecommunications giant Verizon Communications Inc. to begin selling the new Razr devices in the US, The Wall Street Journal has reported.

The phone would begin selling in the US as soon as February. However, the device is still being tested and the timing of its unveiling could change.

"The once-popular flip phone is being revived as a smartphone with a foldable screen and a starting price of roughly $1,500, according to people familiar with the matter," the report added late on Wednesday.

It is not known whether the device would be launched in India.

The original Moto Razr was a thin flip phone and a status symbol for many before the advent of iPhones and Android flagships. The Motorola Razr V3 was the first phone released in the Razr series and was introduced in 2004.

Motorola has been trying to resurrect the Razr brand since quite some time.

In 2011 and 2012, Motorola had teamed up with Verizon for a series of "Droid RAZR" devices, which tried to cash in on the goodwill of Razr devices, albeit without any of the flip phone design that was part of the original charm, according to The Verge.

First Published:Jan 17, 2019 3:00 PM IST

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Sector Update: Consumer
Sector Update: Consumer
Apr 19, 2024
08:48 AM EDT, 04/19/2024 (MT Newswires) -- Consumer stocks were leaning lower premarket Friday with the Consumer Staples Select Sector SPDR Fund (XLP) and Consumer Discretionary Select Sector SPDR Fund (XLY) marginally declining recently. Big Lots ( BIG ) was up nearly 2% after saying it has secured a $200 million new first in, last out term loan facility from...
What's Going On With Bentley Systems Stock Amid Multibillion-Dollar Merger Talks?
What's Going On With Bentley Systems Stock Amid Multibillion-Dollar Merger Talks?
Apr 19, 2024
The French industrial giant Schneider Electric SE (OTC:SBGSY) (OTC:SBGSF) has confirmed holding discussions for a potential acquisition of Bentley Systems ( BSY ) Inc , a company known for its engineering software solutions.  As per the Schneider Electric statement, discussions regarding a potential transaction remain at a preliminary stage, emphasizing the lack of certainty regarding the outcome of these talks. Bentley Systems ( BSY ) also acknowledged the public...
Antibe Therapeutics Seeks Extension of Stay of Proceedings
Antibe Therapeutics Seeks Extension of Stay of Proceedings
Apr 19, 2024
08:48 AM EDT, 04/19/2024 (MT Newswires) -- Antibe Therapeutics ( ATBPF ) on Friday said it has sought an extension of its stay of proceedings under the Companies' Creditors Arrangement Act at a hearing before the Ontario Superior Court of Justice on April 18. The court has reserved its decision and has extended the stay pending the decision's release. Antibe...
BRIEF-Burke & Herbert Financial Services and Summit Financial Group Announce Receipt of Regulatory Approvals and Closing Date for Merger of Equals
BRIEF-Burke & Herbert Financial Services and Summit Financial Group Announce Receipt of Regulatory Approvals and Closing Date for Merger of Equals
Apr 19, 2024
April 19 (Reuters) - Burke & Herbert Bank & Trust Co ( BHRB ) : * BURKE & HERBERT FINANCIAL SERVICES CORP. AND SUMMIT FINANCIAL GROUP, INC. ( SMMF ) ANNOUNCE RECEIPT OF REGULATORY APPROVALS AND CLOSING DATE FOR MERGER OF EQUALS * BURKE & HERBERT FINANCIAL SERVICES: MERGER IS EXPECTED TO CLOSE ON MAY 3, 2024 Source text for...
Copyright 2023-2025 - www.financetom.com All Rights Reserved