The blockbuster phone of the early 2000s is back, but not in the way you remember it. During a flashy press event in Los Angeles this evening, Motorola unveiled what it’s simply calling the new Razr, an Android (specifically Android 9.0) smartphone with a clamshell-style form factor that folds a full 180 degrees. It’s something of a love letter to the Razr V3, with a zero-gap hinge that remains flush when closed and an external display — the Quick View Display — that mimics the original.

The new Razr, which costs $1,500 ($62.49 per month for 24 months on a payment plan), will be available exclusively on Verizon and select European carriers with preorders starting December 26 and in-store availability beginning January at Verizon and

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