Possible revision: Could the Honor Magic V2 be more affordable than the Z Fold 5 and Pixel Fold devices?

Honor unveiled the Magic V2 phone at IFA 2023 last week, providing insight into the world’s thinnest phones with foldable screens. However, the company only announced plans to launch the device on the global market in the first quarter of 2024, without sharing further information or details.

In an interview with GSMArena, Honor CEO George Zhao hinted at the price of the Magic V2 model. He stated that the price of the Magic Vs phone would serve as a “good starting point” for determining the global price of the Magic V2.

The Magic Vs model made its world premiere in March 2023 with an announced price of 1,599 euros (approximately 1,725 dollars). If the Magic V2 maintains this price ratio, it would be 300 euros (~$324) cheaper than the Google Pixel Fold and Samsung Galaxy Z Fold 5 phones. Even a €100 (~$108) price increase would still make the foldable Honor significantly more affordable than its main competitors.

Although it may lack certain features typically found within its price range, such as wireless charging, ultra-thin glass, and water resistance, Honor’s latest foldable phone offers more than just a slim design. Its advanced features include a powerful Snapdragon 8 Gen 2 processor, a 5,000 mAh battery with a 66 W power adapter, pen support, a reduced fold on the screen at the hinge position, and a versatile rear camera system.

We hope Honor does not delay the release of this phone outside of the Chinese market until the first quarter of next year. The company has struck the right chord with its ultra-thin and lightweight design, and it would be a shame to have to wait that long, according to a report by Android Authority.