91Mobiles Hindi reports that the price of the Motorola Razr 40 Ultra has been leaked As explained in a follow-up report by 91Mobiles in English, Moto may be asking $1,000 in return for the privilege of owning its latest foldable phone

This would be a lower price than expected given some of the leaked specs In the UK, there is also the excellent Oppo Find N2 Flip, attractively priced at £849 compared to the £999 Z Flip 4

91Mobiles' report has no information on the price or specs of the other rumored model, the standard or Lite Razr 40 We have to imagine that it will be at least a little cheaper than the Ultra model, and in return will have weaker specs

On that note, the rumors so far indicate that the Razr 40 Ultra will have a Snapdragon 8 Plus Gen 1 chipset, 8GB RAM, 256GB storage, 120Hz refresh rate, and is said to offer a 67-inch main display with a fairly large 34-inch cover display For photography, there will be a 32MP main camera, an 8MP ultrawide camera, and a 12MP inner selfie camera, with power and charging provided by a 3,500mAh battery and a 33W wired power brick, respectively [If the Razr 40 Ultra starts with 256GB of storage instead of 128GB like the Galaxy Z Flip 4, it will have a slight price lead; a 256GB on the Z Flip will cost $1,060

Motorola's new line of Razr's failed to take much of the foldable phone market from Samsung, but the Razr 40 looks to finally turn things around with a competitive price and strong specs The only drawback is that Samsung is expected to release the Galaxy Z Flip 5 in the coming months This could put the new Razr in an uphill battle despite the upgrades

Motorola has teased that the Razr 40 will arrive on June 1 We could soon confirm or deny these rumors and hopefully get our first hands-on with this revamped flip phone