Los Angeles: Lenovo-owned Motorola on Wednesday launched its much-awaited vertically foldable smartphone 'Moto Razr' at a price of $1500 at an event here and is expected to launch in India along with other markets soon.

The company has also begun accepting registrations for the foldable phone on its India website.

At present, the device is exclusive to Verizon in the US and will go on sale from December 26.

In terms of specifications, the Moto Razr comes with two screens, one sits inside while the other one is on the outside.

In the inside, when unfolded the device features a flexible OLED display that measures 6.2-inches in size. On the outside -- when the phone is folded -- there is a 2.7-inch OLED display that offers an aspect ratio of 4:3.

The Quick View display on the outside of the device includes a 16MP camera that lets users click selfies when the phone is folded. The same 16MP camera turns into a rear camera when the phone is unfolded.

The 16MP camera has EIS, Dual Pixel autofocus, Laser AF and Color Correlated Temperature (CCT) dual-LED flash.

When unfolded, the phone includes one more 5MP camera inside.

The smartphone is powered by Snapdragon 710 processor paired with 6GB RAM and 128GB internal storage.

On the software front, the Razr runs Android 9 Pie out-of-the-box and packs a 2510mAh battery paired with 15W quick charging support.

The accessories included in the box is a wireless charger, Razr earbuds, USB-A to USB-C charging cable, a power brick, and a USB-C to 3.5mm audio port dongle.