For next year's new iPhone, the Korean tech giant is also expected to be the sole supplier.
According to The Bell on October 11, LG Display recently created a task force to develop a foldable OLED screen for the new iPhone model, while its parts-making sister firm LG Innotek has also setup a team dedicated to developing the rigid flexible printed circuit board, more widely called RFPCB.
Piper Jaffray said the findings are a clear "positive point" for the current iPhone upgrade supercycle, which includes the iPhone 8 as well as the upcoming high-end iPhone X. The survey polled 6,100 teenagers across 44 states, with an average age of 15.9 years. Now Apple is seen moving to LG with foldable panels. Given the fact that the South Korean company has already been working for years on this project, this reasoning seems to be a little faulty, to say the least. So that means Samsung is charging as high as it wants to produce those screens, and Apple has no choice but to pay up.
Samsung has said that it will release it's own "smartlet" - a phone which unfolds into a tablet - by next year.
Apple is secretly working on a revolutionary folding iPhone - which could unfold into a larger iPad-style device.
Firstly, this is the first time we're hearing about Apple planning for a product a few years in advance. The facial recognition software on the iPhone X is not a feature we've never heard of before, however, it could be the best one available on the market.
Associated press reported earlier this month that, Koh Dong-jin president of mobile business at Samsung Electronics seemingly confirmed that a foldable smartphone is coming 2018. The Samsung Galaxy will most likely launch by then, and ZTE is also working on such a handset.