Motorola is currently working on its third-generation foldable smartphone. We're calling it Razr 3.

This was shown in a short video, and some specifications were leaked. What about the pricing?

According to a reliable source, the Razr 3 will be priced at EUR1,149 in Europe. That's good news! The Razr 3 will cost EUR1,149 in the EU, less than the Razr 5G when it was launched in Europe.

The Razr 3 is rumoured to be a high-end foldable. It's also cheaper than the Razr 2 and has better specs.

This information is not something we have seen this year, so this info may prove to be very exciting.

The Razr 3's primary competitor will be Samsung's Galaxy Z Flip4, which will be launched in April. The Z Flip3 was the most popular foldable device ever sold, and the Flip4 will be able to compete with it.

Even if it costs the same as the predecessor, it will still be EUR100 less than Motorola's.

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According to rumours, Razr 3 will feature a 6.7-inch internal screen and an external 3-inch display. This is likely to match the Flip4s in the former department while greatly outshining it in the latter.

The Snapdragon 8+ Gen 1 SoC, with 12GB RAM and 512GB storage, is confirmed to be running the show. This makes the price difference less steep than the Flip4's entry-level model.