Samsung to Release Foldable Smartphone Next Year?

According to the latest report from people familiar with the matter, Apple’s main rival Samsung is planning to release a foldable smartphone or tablet next year. As noted by ETNews, this will be a 5-inch smartphone opening to a 7-inch tablet. The mass-production of foldable displays for the device will start at the end of this year. The new gadget is expected to be officially unveiled next year. Its price and specs remain unknown.

“Development of Foldable OLED is taking place according to our plan.” said Director Lee Chang-hoon of Samsung Display at performance conference call that took place in January. “We are planning on mass-production and release of this product by discussing with our partners.”

Samsung released the first concept of the device with foldable display in 2013. It would be interesting to see the new handset next year.

[via iClarified]