Motorola RAZR V3 (pronounce "RA-zer", IPA:/ɹeɪzə(ɹ)/) is a thin clamshell mobile/cellular camera phone designed and manufactured by Motorola. The phone was initially regarded as an exclusive fashion phone, with a high price of $600 with service agreement and $800 without. However, in 2005 the phone entered the mass-market as a mid-priced phone. PC World put the RAZR at #12 in The 50 Greatest Gadgets of the Past 50 Years. Many versions of the V3 were released, and on May 15, 2007, Motorola announced the new RAZR 2, with a bigger external screen, better UI, faster processor (10x the speed of its predecessor) and Linux platform.