Samsung likely to unveil foldable phones in Q3 [2017/01/25 10:25]

Samsung Electronics is likely to unveil foldable smartphones in the third quarter of 2017, according to sources familiar with the matter.

“Samsung is expected to roll out more than 100,000 units of fold-out devices in the third quarter,” a source told The Korea Herald. According to him, the smartphone, whose panels face outward upon folding, may be used as a 7-inch tablet when unfolded.

Samsung had initially completed the development of fold-in phones that tuck the screen inside when folded. It began the development of fold-out technologies around August, thinking that users may find it inconvenient to unfold the phones every time they want to use them.

“Since the company already has fold-in phone technology, it was not a big challenge to make the fold-out phones,” he said.

Despite technical completion, Samsung Electronics reportedly has not decided to set its release date because of marketability issues. The final decision needs to wait until after the reshuffle of key department heads.

Samsung Electronics executive-level reshuffle has been delayed as it is currently embroiled in the political scandal involving President Park.

Market research firm Strategy Analytics predicted that the foldable display market would reach 163 million units by 2022 from 2.7 million units this year.
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