Honor has only been making folding phones for two years, but you wouldn’t know it. The company has already released four book-style foldables in its native China, though only two have been sold in Europe so far: the Magic V and Magic Vs.

The Magic V2 is therefore the third folding phone to emerge. It launched in China in July 2023 and was then shown off to a European audience less than two months later at the IFA trade show.

But, until now, Honor hadn’t confirmed when the phone would go on sale. Fortunately, you don’t have long to wait. Here’s everything you need to know.

When will the Honor Magic V2 be released worldwide?

Honor officially announced the Magic V2 at a Chinese launch event on 12 July 2023 in Beijing.

It was then ‘announced’ again at the IFA trade show in Berlin on 1 September 2023. Finally, months later, the company officially launched the Magic V2 in Europe on 26th January 2024 at the Porsche Experience Centre in Germany.

Honor

A more affordable model, known as the Magic VS2, launched on 12 October 2023 in China. But there’s no word on when, or indeed if, it’ll ever be released elsewhere.

Don’t expect the either to ever make it to North America, as Honor doesn’t sell any of its phones in the US.

How much will the Honor Magic V2 cost?

The phone will cost £1,699.99/€1,999 for the 16GB/512GB variant in the UK and Europe.

Previously, in a group interview, Honor CEO George Zhao had said “maybe it will be similar to the Honor Magic Vs, maybe we can use that for reference”. In reality, the Magic V2 is more expensive than its predecessor, but it remains cheaper than key rivals in the Samsung Galaxy Z Fold 5 (from $1,799.99/£1,748) and Google Pixel Fold (from $1,799/£1,749).

In China the Magic V2 is much cheaper. It starts from ¥8,999 (around $1,250/£970), rising up to ¥11,999 (around $1,670/£1,290) for an ‘Ultimate’ edition which includes a stylus in the box. It’s not clear if the latter will be launched in other countries.

What about the Honor Magic V2’s specs and design?

The most striking thing about the Magic V2 isn’t on the inside – it’s the phone’s design.

This is the thinnest and lightest large foldable yet, just 9.9mm thick when folded and weighing 231g. That’s even smaller than the Huawei Mate X3, and substantially slimmer than anything released by Samsung so far.

It’s available in two colours in Europe: Phantom Purple and Midnight Black. The ultimate black and gold versions, alongside the silk models coated in vegan leather you see below, aren’t available outside China.

Honor Magic V2 range

Honor

Naturally, there are two displays. On the inside you’ll find a 7.92-inch foldable OLED panel with a 120Hz refresh rate and LTPO tech for refresh rate scaling. It packs a resolution of 2344 x 2156, and supports the use of a stylus, finally matching Samsung on that front. However, there’s no stylus included.

On the outside, the 6.43-inch OLED display has the same 120Hz LTPO tech, at a resolution of 2376 x 1060. You can also use a stylus on that, too.

Moving to the inside, the phone is powered by the Snapdragon 8 Gen 2. It was the latest and greatest Qualcomm chip at the time of launch, but has since been succeeded by the Snapdragon 8 Gen 3.

The Chinese version has 16GB of RAM and at least 256GB of internal storage. The UK/European version is available only with 16GB/512GB.

Honor Magic V2 - cover display

Anyron Copeman / Foundry

The 5000mAh battery is large despite how slim the phone is overall, and 66W wired charging is pretty fast too – though sadly there’s no sign of a wireless option.

As for cameras, there’s a triple lens setup on the back. This is made up of a 50Mp, f/1.9 main camera; a 50Mp, f/2.0 ultrawide; and a 20Mp, f/2.4 telephoto. Each display also has a punch-hole selfie camera – both are 16Mp and f/2.2.

All these components have been shown off in a video from JerryRigEverything on YouTube, who did an assembly video rather than one his usual teardowns:

In it, you get a good look at that all-important hinge, plus the chipset, cameras, battery and more.

Despite adopting a very similar design, there are a few differences on the more affordable Magic VS2 that’s launched in China. It’s 229g vs 231g on the Magic V2, but 10.7mm rather than 9.9mm thick.

Honor Magic V2 - hover mode

Anyron Copeman / Foundry

While the display, battery and charging are the same, the Snapdragon 8+ Gen 1 is the most obvious downgrade. And the 50Mp ultrawide from the Magic V2 is replaced with a 12Mp sensor, even if the other cameras are unchanged.

Take a look at our guide to the best foldable phones to see what the Magic V2 will be up against. But there’s no doubting it has the best design of any folding phone.