It may just be 2004 again. According to a report from The Wall Street Journal, Verizon and Lenovo are looking to revitalize the classic Razr phone. The report notes that people familiar with the situation are telling insiders that Lenovo, which owns Motorola, is looking to exclusively partner with Verizon on the matter. The phone is believed to have its original fold style along with regular smartphone capabilities. However, the classic phone would come at a steep price. Early reports indicate that the price could be as high as $1,500. Nothing has been made official, but rumors indicate the phone could be released exclusively in the U.S. as early as next month.
In recent years, we’ve seen a slow return of boutique flip phones. A few years back, Nokia brought back the Nokia 3310. More recently, consumers saw the roll out of the Samsung Galaxy X and Royole FlexPai. In contrast, it appears that Lenovo and Verizon intend for this release to rival that of a limited edition sneaker release. As stated previously, the phone will be released at a high price point of $1,500 and with limited production of approximately 200,000 units.
Executives from Lenovo and Verizon have yet to confirm this report from The Wall Street Journal.