Samsung Korea May Release Phones

Samsung Electronics Co. is considering introducing two new smartphone models that will feature bendable screens, along with a version that folds by 50 % like a cosmetic small, people familiar with the matter said.

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Samsung Korea May Release Phones

The devices using organic and natural light-emitting diodes could be unveiled as soon as early 2017, the people said, asking not to be determined because the matter is private. That will likely give it a within the on new Apple Inc iPhones. The second Samsung model will have a 5-inch display screen when used as a handset, that unfurls into a display that’s as large as 8 ins, being a tablet, the people said.

Samsung, the biggest supplier of OLED sections for mobile products, has pioneered the development of new screen formats with its multi-sided Edge cell phones. Using advanced display technology may help the business rekindle customers from Apple and boost earnings which may have slipped for the past two years.

“This product could be a game-changer if Samsung successfully comes up with an user software well suited for bendable screens, inches said Lee Seung Woo, an analyst at IBK Securities Co. in Seoul. “Next year is a probable scenario. Their biggest obstacle was related to making transparent plastics and making them durable, which seems resolved by now. “

Shares of Korean rose 1 ) 5 percent to 1, 398, 000 won in Seoul, extending this year’s gain to 11 percent. Suppliers to Samsung jumped. Sixth is v Technology Co, which matters Samsung as its second biggest client according to data published by Bloomberg, jumped 15 percent to 9, 270 yen in Tokyo. Murata Manufacturing Company. climbed 4. 7 percent and Screen Holdings Corp. reversed early declines to close higher.

Codenamed “Project Valley, ” Samsung could unveil one or both of the devices as soon as February, when Mobile World Congress happens in Barcelona, one of the people said. That timing would give Samsung korea a head-start on Apple’s iPhone using OLED displays that may be released later in 2017, anyone said.

The company may also name the next version of its Be aware device as the Galaxy “Note 7”, skipping a number, to bring it in accordance with its flagship Galaxy S smartphone range, one of the people said. Samsung doesn’t plan to market the new bendable-screen models under the Galaxy S name, anyone said.

After using OLED on its premium devices, Samsung korea is counting on the technology to win resource orders. The displays are thinner, have brighter colors and are less money on the battery than those generally in most current mobile phones.

While the Suwon, Sth Korea-based company has recently released slick videos showcasing foldable concept phones, it has never made such a device commercially. Moxi Group, a Chinese company situated in Chongqing, has shown off a bendable cellphone with grayscale white monitors.

Samsung Vice Chairman Shelter Jae Yong is increasing a push beyond cell phones as growth in the market slows. The company has held talks to supply OLEDs to Apple, people knowledgeable about the subject have said. Samsung was one of the biggest makers of chips and displays for Apple before the companies started suing the other person in 2011 for alleged patent infringements.