How much is too much to pay for a smartphone? Prices have climbed globally—IDC forecasts a nearly 30 percent rise this year alone amid ongoing memory supply crunches—but would you pay $1,600 for a Motorola?

That kind of money typically buys a folding phone with a bendable screen—where steep manufacturing costs justify the markup—or a maxed-out “candy bar” slab from an established premium brand like Apple or Samsung with gobs of internal storage. Motorola hasn't pushed into this price bracket outside of its latest Razr Fold or Razr Ultra folding devices, but that's changing with the new Motorola Signature 27.