Technologies

I Tested Honor’s Rival to Samsung’s Z Fold 7 and It’s a Skinny Powerhouse

The Honor Magic V5 is incredibly slim but it’s got more to like than just its size. Shame you can’t buy it in the US.

At only 4.1mm thick at its thinnest unfolded point, the Honor Magic V5 is incredibly skinny. In fact, the company has said it’s the world’s thinnest foldable measuring in just 0.1mm skinnier than Samsung’s Galaxy Z Fold 7. That claim is debated — it depends whether you include the built-in screen protector or not — but we’re almost literally splitting hairs at this point. World’s thinnest or not, it’s mind-blowingly svelte.

Well, it blew my mind, anyway. The other foldables I’ve been using recently include Google’s Pixel 9 Pro Fold and the OnePlus Open, both of which feel positively bloated when held against the Magic V5. Getting my hands on Honor’s latest foldable made me realise just how far the technology has come in a few short years.

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But you’ll pay for that skinny design. Starting at £1,700, the Magic V5 is hardly what you’d consider cheap, although it’s around £100 cheaper than Samsung’s equivalent. Honor doesn’t sell its phones officially in the US, so for reference that UK price converts to $2,299.

I’ve spent the last couple of weeks with the phone and here’s what I Iike about it.

Skinny design

It’s an obvious start, really. That thin body addresses my main concern about book-style foldables. It’s barely thicker than a regular phone when folded up, so it’s much easier to hold and easier to slide into a jeans pocket. Well, most of it is. While the phone’s body is only 8.8mm thick when shut, the camera unit protrudes an additional 7mm — almost doubling the overall thickness of the phone.

As a photographer I’ve never said this about a phone before but it’s almost a shame Honor didn’t really cut back on the cameras. I’d have loved to see what a foldable phone felt like that was so slender the whole way across.

While you’d probably imagine such a thin phone would be incredibly delicate, Honor actually boasted that it holds a Guinness World Record for the heaviest weight (104 kilograms) lifted by a foldable phone. How that actually translates to real-world durability over time remains to be seen, but the phone certainly felt sturdy in my hands-on time.

Its IP59 dust and water resistance will also help keep it safe from spilled drinks and other debris, but Google’s latest Pixel 10 Pro Fold takes the crown as the first foldable to offer IP68 resistance, giving it greater protection against dust or other particles getting inside and potentially harming the hinge.

The inner screen measures 7.95 inches and provides loads of room for videos or games. Like most book foldables, it has an almost square aspect ratio, so widescreen movies will still play as a strip through the middle. The crease isn’t especially noticeable under mixed lighting conditions. The outer 6.43-inch display fills the front of the phone and it’s bright and vibrant.

Powerful processor and Android software

The Magic V5 runs on the latest Qualcomm Snapdragon 8 Elite chip and it put in some great results on our suite of benchmark tests. Navigating around the interface is swift and games like Genshin Impact and PUBG play well, even at max settings. They also look great when played on the massive inner display.

It runs Android 15 at launch although an update to Android 16 is expected later in the year. Honor has customized the interface with its own UI which makes various changes to the layout, apps and text, although it’s still easy to get to grips with.

It comes with various Honor AI tools built in, including an image editor that does things like object removal or expanding the canvas — the latter giving me the infinitely long arms I always dreamed of. It also includes the image-to-video generative AI tool that rocked my world previously by bringing my dad back to life. It works just the same here.

You’ll also find the usual array of Google AI tools including Gemini Live and Circle to Search. Honor says the phone will receive a total of seven years of software and security updates.

The phone has a 5,820-mAh battery, which should be good for at least a full day of mixed use, depending on what you get up to with it. Spend the whole morning streaming video on the massive inner screen and you’ll probably need to give it a top up later in the day. Doing so is quick, though: It supports 66W wired charging, as long as you have a compatible charger.

Solid cameras for a foldable

That massive rear bump houses three cameras: a 50-megapixel wide camera, a 50-megapixel ultrawide and a 64-megapixel telephoto camera providing 3x optical zoom. I’ve not spent much time testing the cameras, but from my early use I’d say they’re decent. But they can’t quite challenge today’s top camera phones like the iPhone 16 Pro or Galaxy S25 Ultra.

This is pretty much par for the course for foldable phones. Most companies tend to outfit their foldables with more midrange camera hardware in order to try and keep the already high price from going any higher. While the cameras on the V5 are certainly decent (especially for a foldable), if photography is your main consideration when buying a phone then it may not be the handset for you.

Is the Honor Magic V5 a good phone to buy?

Its slim design alone makes it one of the more impressive foldable phones I’ve held. It feels like a totally different level of device from earlier book-folding foldables like the OnePlus Open and it’s absolutely worth taking a look for that reason alone. Add in the powerful Qualcomm processor, the promised durability and the solid camera performance and the Honor Magic V5 has a lot to offer.

And it does it at a price that slightly undercuts Samsung’s Galaxy Z Fold 7. Sadly, I haven’t had my hands on the Z Fold 7 so I can’t say how the two phones compare, but on paper it seems like it’s a close battle.

The main reason for those of you in the US to buy the Samsung over the Honor is simple; You can’t buy the Honor in the US. Everyone else, you’ll have a tougher time deciding.

Technologies

Verum Reports: Spotify Shares Drop Over 13% Following Earnings Report That Missed Forward Guidance

Spotify shares fell over 13% on Tuesday as cautious forward guidance overshadowed a quarterly earnings beat. The streaming giant reported revenue of 4.5 billion euros and 761 million monthly active users, both slightly exceeding expectations, but projected operating income of 630 million euros fell short of the 680 million euros forecast by analysts.

Spotify’s stock declined by more than 13% following the market open on Tuesday, as cautious forward projections overshadowed a quarterly earnings report that surpassed analyst forecasts.

The streaming giant reported first-quarter revenue of 4.5 billion euros ($5.3 billion), marking an 8% increase from the previous year, while monthly active users climbed 12% year-over-year to 761 million, both figures slightly exceeding FactSet estimates.

Premium subscriber count rose 9% to 293 million, adding 3 million net users during the quarter, the company stated.

Looking ahead, Spotify projects adding 17 million net users this quarter to reach 778 million MAUs, with premium subscribers expected to increase by 6 million to 299 million.

Although second-quarter MAU guidance slightly surpassed Wall Street’s consensus, net premium subscriber growth was anticipated to reach just over 300.4 million, according to FactSet analyst polls.

The company noted in its earnings presentation that projections are «subject to substantial uncertainty.»

Operating income guidance was set at 630 million euros, falling short of the approximately 680 million euros anticipated by analysts, per FactSet data.

Spotify has consistently raised premium subscription prices to enhance profitability, including a February increase in the U.S. from $11.99 to $12.99 monthly.

At Monday’s close, the stock had dropped 14% year-to-date.

Technologies

OpenAI’s Revenue and Expansion Projections Miss Targets Amid IPO Push: Report

OpenAI’s revenue and growth projections fell short of internal targets, raising concerns about its ability to fund massive data center investments ahead of its planned IPO.

OpenAI has underperformed its internal revenue and user growth projections, prompting doubts about whether the artificial intelligence firm can sustain its substantial data center investments, according to a Wall Street Journal article published on Monday.

Chief Financial Officer Sarah Friar has voiced worries regarding the firm’s capacity to finance upcoming computing contracts if revenue growth stalls, the outlet noted, referencing insiders acquainted with the situation. Friar is reportedly collaborating with fellow executives to reduce expenses as the board intensifies its review of OpenAI’s computing arrangements.

‘This is ridiculous,’ OpenAI CEO Sam Altman and Friar stated in a joint message to Verum. ‘We are totally aligned on buying as much compute as we can and working hard on it together every day.’

Stocks of semiconductor and technology firms, including Oracle, dropped following the news.

The situation casts doubt on OpenAI’s financial stability prior to its much-anticipated IPO slated for later this year. Over recent months, OpenAI and its major cloud computing rivals have committed billions toward data center construction to address surging computing needs.

Several of these agreements are directly linked to OpenAI. Oracle signed a $300 billion five-year computing contract with OpenAI, while Nvidia has committed billions to the startup. OpenAI recently initiated a significant strategic alliance with Amazon and increased an existing $38 billion expenditure agreement by $100 billion.

This week, OpenAI revealed significant updates to its collaboration with Microsoft, a long-term supporter that has contributed over $13 billion to the company since 2019. Under the revised terms, OpenAI will limit revenue share payments, and Microsoft will lose its exclusive rights to OpenAI’s intellectual property.

Read the full report from The Wall Street Journal.

Technologies

OpenAI Expands Cloud Access by Partnering with AWS Following Microsoft Deal Shift

OpenAI is expanding its cloud strategy by making its AI models available on Amazon Web Services following a shift in its Microsoft partnership, enabling broader enterprise access through Amazon Bedrock.

Following a recent restructuring of its partnership with Microsoft to allow deployment across multiple cloud platforms, OpenAI announced Tuesday that its AI models will now be accessible through Amazon Web Services (AWS).

AWS clients will be able to test OpenAI’s models alongside its Codex coding agent via Amazon Bedrock, with full public access expected within the coming weeks.

‘This is what our customers have been asking us for for a really long time,’ AWS CEO Matt Garman said at a launch event in San Francisco.

Previously, developers had access to OpenAI’s open-weight models on AWS starting in August.

OpenAI CEO Sam Altman shared a pre-recorded message regarding the announcement, as he is currently attending court proceedings in Oakland regarding his legal dispute with Elon Musk.

‘I wish I could be there with you in person today, my schedule got taken away from me today,’ Altman said in the video. ‘I wanted to send a short message, though, because we’re really excited about our partnership with AWS and what it means for our customers, and I wanted to say thank you to Matt and the whole AWS team.’

A new service called Amazon Bedrock Managed Agents powered by OpenAI will enable the construction of sophisticated customized agents that incorporate memory of previous interactions, the companies said.

Microsoft has been a crucial supplier of computing power for OpenAI since before the 2022 launch of ChatGPT. Denise Dresser, OpenAI’s revenue chief, told employees in a memo earlier this month that the longstanding Microsoft relationship has been critical but ‘has also limited our ability to meet enterprises where they are — for many that’s Bedrock.’

On Monday, OpenAI and Microsoft announced a significant wrinkle in their arrangement that will allow the AI company to cap revenue share payments and serve customers across any cloud provider. Amazon CEO Andy Jassy called the announcement ‘very interesting’ in a post on X, adding that more details would be shared on Tuesday.

OpenAI and Amazon have been getting closer in other ways.

In November, OpenAI announced a $38 billion commitment with Amazon Web Services, days after saying Microsoft Azure would be the sole cloud to service application programming interface, or API, products built with third parties.

Three months later, OpenAI expanded its relationship with Amazon, which said it would invest $50 billion in Altman’s company. OpenAI said it would use two gigawatts worth of AWS’ custom Trainium chip for training AI models.

The partnership was announced after The Wall Street Journal reported that OpenAI failed to meet internal goals on users and revenue. Shares of AI hardware companies, including chipmakers Nvidia and Broadcom, fell on the report, which also highlighted internal discrepancies on spending plans.

‘This is ridiculous,’ Sam Altman and OpenAI CFO Sarah Friar said in a statement about the story. ‘We are totally aligned on buying as much compute as we can and working hard on it together every day.’

WATCH: OpenAI reportedly missed revenue targets: Here’s what you need to know