Apple has reportedly started working on a foldable iPhone with LG Display, not Samsung Display - the sole OLED supplier - possibly due to concerns over tech leaks to its archrival Samsung Electronics.
Alongside the screen, a future foldable iPhone would also require a flexible circuit board and Apple may also assign the printing of such a board to LG, as per a report from Korean website The Investor. For this reason, Apple may have established a partnership with LG to store his work from his biggest competitor.
According to a report, the Samsung's new smartphone named "Samsung X" has passed South Korea's NRA certification or National Radio Agency. This design change is actually what forced Apple to develop this new facial recognition software since it didn't have any extra place where to equip a fingerprint scanner. The Company's products and services include iPhone, iPad, Mac, iPod, Apple TV, a portfolio of consumer and professional software applications, the iOS and OS X operating systems, iCloud, and a variety of accessory, service and support offerings. The company is now supplying its first batch of its foldable panels to few Chinese handset makers as well as to its parent company.
Samsung has said that it will release it's own "smartlet" - a phone which unfolds into a tablet - by next year.
On average, analysts expect that Apple will report full year earnings of $8.94 per share for the current year, with EPS estimates ranging from $8.64 to $9.33. Apple is rumoured to be considering investing in this plant, but a deal hasn't been finalised. This could also happen with the foldable iPhone. But right now it's already clear: prepare to see an onslaught of foldable devices very soon. Feel free to sound off in the comments section below!