Published: Thu, October 12, 2017
Research | By Raquel Erickson

Apple reportedly working with LG on a foldable phone for 2020

Apple reportedly working with LG on a foldable phone for 2020

The report also suggested that the iPhone-maker chose to join forces with LG, instead of Samsung, due to concerns over leaking sensitive technical details to its biggest rival.

If this year's bezel-less iPhone X didn't impress you, Apple has something else up its sleeve to dazzle you in the future.

That rivalry may, however, start to overshadow their partnership soon. While Samsung has reputedly been working on a foldable or flexible smartphone for quite some time, a report on Wednesday claimed that Apple is also developing a similar device.

According to a report, the Samsung's new smartphone named "Samsung X" has passed South Korea's NRA certification or National Radio Agency. The handset could go on sale in 2020. The Electronics firm is said to be working on a new plant in Paju, S. Korea for OLED panels and Apple is ready to pay them.


Sources say that panel production could start in 2020, meaning any sort of foldable iPhone could be launched the same year.

According to Apple, the phone will feature facial recognition technology for biometric security, along with an OLED display, innovative TrueDepth camera, all-glass front and back, and the A11 Bionic processor with a neural engine. Samsung is at the advantage here if this timeline shakes out since its bendable device will be in the market by 2018. UBS AG reaffirmed a "buy" rating and issued a $170.00 target price on shares of Apple in a research report on Monday, July 31st. In fact, some might say that Ming-Chi Kuo knows Apple every move even before Apple decides what to do. Apple is rumoured to be considering investing in this plant, but a deal hasn't been finalised.

Apple Inc (Apple) designs, manufactures and markets mobile communication and media devices, personal computers, and portable digital music players, and a variety of related software, services, peripherals, networking solutions, and third-party digital content and applications.

Like this: