Report Suggests Apple, LG To Compete In Foldable Phone Market

  • Analysts and bloggers have speculated for a few years now that foldable phones were the next major form factor for the smartphone, but the devices have yet to materialize in stores.
  • Nonetheless, a media outlet in Korea — home of LG — says that LG and Apple could have something in the works, citing unnamed sources.
  • Apple has teamed up with LG on displays before: LG's UltraFine 5K Display is one of the rare non-Apple-branded products in the Apple Store.
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Analysts and bloggers have speculated for a few years now that foldable phones were the next major form factor for the smartphone.

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But while Lenovo and Samsung have demonstrated concept devices with foldable screens, and numerous othercompanies have filed patents, the devices have yet to materialize in stores. Nonetheless, a media outlet in Korea — home of LG — says that LG and Apple could have something in the works, citing unnamed sources.

Apple is notoriously tight-lipped on its future hardware plans, and building a device at Apple's scale would be tough. The technology behind flexible displays — called AMOLED — is really only made by two major players, Samsung and LG, and a handful of other suppliers. As it is, it's been >tough to meet demand

for this unexpectedly popular type of screen, especially at sizes smaller than a TV, analysts say.

"If Samsung were to launch a foldable smartphone in 2017, we believe Apple would likely not follow suit until 2019 at the earliest," Gene Munster, then a senior research analyst at Piper Jaffray, said last year.

Still, Apple has teamed up with LG on displays before: LG's UltraFine 5K Display is one of the rare non-Apple-branded products in the Apple Store.

LG and Apple weren't immediately available for comment.

Here's the original report from the Herald, for more information.

Source : http://www.msn.com/en-us/money/markets/report-suggests-apple-lg-to-compete-in-foldable-phone-market/ar-AAtjgFi

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