Folding phones are back. Samsung has the infamous Galaxy Fold and new Galaxy Z Flip, Motorola has its retro Razr, and there are plenty of other phones on the market. But what is so great about folding phones that these companies feel the need to bring back this form factor? CNBC's Todd Haselton, YouTuber Zack Nelson and analyst Patrick Moorhead weigh in on this new take on a classic design.
Remember how satisfying it was to flick your old Motorola Razr open, or how pocketable it was? Well, the best assets from flip phones are making a comeback in smartphones. Samsung brought folding phones to the US in 2019 with the Galaxy Fold, and Motorola followed suit with its 2020 revamped version of the classic Razr. Samsung now has a second folding phone in its lineup, the Galaxy Z Flip.
Companies like Royole, Huawei and Xiaomi all have folding smartphones available or in the pipeline.
So why has the smartphone industry brought this form factor back from the dead? And at a price point well over $1000, with few models holding up to durability tests, who are these phones really for?
(Source: CNBC YouTube channel)