San Francisco (CNN Business) Motorola's reboot of its legendary Razr flip phone reportedly isn't going to arrive in 2019.

The foldable smartphone was supposed to be available for preorder on December 26 and in stores on January 9, but the launch dates have been pushed back, according to several news reports.

Motorola didn't provide an updated timeline for the $1,500 phone but reportedly said it doesn't expect a "significant shift." The delay was attributed to higher-than-expected demand and limited supply. Motorola didn't immediately respond to a request for comment.

The phone's relaunch has been delayed before: It was originally supposed to be available over the summer.

The Razr's $1,500 price tag is a big shift for Motorola, which has largely focused on producing inexpensive phones.

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