Samsung aims to release devices with folding displays in 2015
Samsung stated at its first analyst day in eight years that it plans to bring the first fully-foldable devices to consumers sometime tin 2015. The company has not revealed any other details but Samsung is focussing quite a bit of foldable displays and their use in smart devices.
Samsung CEO Kwon Oh-hyun noted at the Analyst day that his company is putting a lot of energy into the five new form factors – phablets, curved phones, wearable devices, flexible phones, foldable phones.
To remind you, Samsung recently launched a curved-screen smartphone Galaxy Round in South Korea, which although features a flexible display but is not a flexible smartphone. The company is hoping to perfect the technology to create flexible or folding smartphones in the next two years.
Samsung increases market-share in Chinese smartphone market
In related news, as per a report by research firm Canalys, Samsung’s smartphone market share in China increased from 14 percent to 30 percent in Q3, 2013. The company reportedly shipped nearly 19 million phones Q3, which are more than double of its Q3, 2012 shipments.
Samsung was followed by Lenovo with 13 percent market share and 64 percent increase in shipment year-on-year basis.