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After forcing workers back to the office, Goldman Sachs and JPMorgan Chase are now letting their staff work remotely—but only for the World Cup

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1

After forcing workers back to the office, Goldman Sachs and JPMorgan Chase are now letting their staff work remotely—but only for the World Cup

2

The Pentagon said Iran War costs $29 billion, but the real cost is closer to $200 billion—and counting

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Current price of oil as of June 23, 2026
Tech

Motorola Delays $1,500 Foldable Razr Phone Due to Supply Issues

By
Mark Gurman
Mark Gurman
and
Bloomberg
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By
Mark Gurman
Mark Gurman
and
Bloomberg
Bloomberg
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December 20, 2019, 7:45 PM ET
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Motorola is delaying the launch of the foldable Razr smartphone in North America, saying demand for the $1,500 device has outstripped its supply predictions.

The handset, announced in November, was supposed to become available for pre-order in December and begin shipping to customers in January. “Motorola has decided to adjust Razr’s presale and launch timing to better meet consumer demand,” the Lenovo unit said Friday in a statement. “We are working to determine the appropriate quantity and schedule to ensure that more consumers have access to Razr at launch.”

The company declined to say when the phone would go on sale, but said it does not anticipate a “significant shift” from the original launch timeline. In an interview with Bloomberg News earlier this year, Motorola president Sergio Buniac said he hoped for “a little bit more” demand than supply.

Motorola did not blame technical issues for its delay. Other companies, such as Samsung Electronics, have struggled to launch foldable devices on time due to issues with screens failing. When Motorola announced the device, design chief Ruben Castano said “We feel like we’ve really developed a robust solution.”

The foldable Razr looks similar to the original model from the early 2000s, but runs Google’s Android operating system and features touchscreens inside and out. Motorola previously said the phone would also go on sale in Europe, Latin America, Asia, and Australia, but it did not share new launch information for those regions on Friday.

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