Motorola's foldable phone is now rumored to cost €1500 (US$1665) when it reaches Europe

Motorola may yet be one of the first OEMs to release a foldable phone, which is also projected to resurrect the Razr brand besides. This phone is also popularly speculated to have more of a clam-shell design, as opposed to the 'book' form-factors of the Huawei Mate X or Samsung Galaxy Fold.

LetsGoDigital has published the claims of what it calls an anonymous source who claims to have more insight on the release and pricing scheme of the "new Motorola Razr" in Europe. This person asserts that this event will take place after the same for the US. 

The first flexible Motorola device is also now rumored to cost 1500 euros (approximately $1665) at this juncture, which may not be until late 2019 or early 2020. As the "new Razr" is often linked to a mid-range processor such as the Snapdragon 710, this may seem like a lot. Then again, the Galaxy Fold and Mate X are also now thought to cost €2000 ($2220) and €2300 ($2552) respectively on their own European debuts.