Honor’s new foldable, the Magic V. | Image: Honor

Former Huawei sub-brand Honor has just announced its first foldable smartphone, the Honor Magic V. It uses a similar folding form factor to Samsung’s Galaxy Z Fold devices, combining a large internal folding display with a smaller external display that can be used while the device is folded. Today is the foldable’s Chinese launch, where its price starts at ¥9,999 (around $1,569) for its 256GB storage model. It will go on open sale on January 18th.

The Magic V’s flagship feature, its internal folding screen, measures 7.9 inches from corner to corner, has a resolution of 2272 x 1984 with a refresh rate of 90Hz, and an aspect ratio of 10:9. That’s slightly bigger than Samsung’s Z Fold 3, whose internal screen is 7.6 inches with a…

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