The Galaxy S8 may be stealing the show, but the real release to watch out for is the Galaxy X. This mysterious release has already garnered worldwide attention, & it isn’t even ready for market yet. When the Korean tech giant first announced that they were working on a foldable smartphone, no one took them seriously. It’s easy to brush off such a bold concept, since it seems too complex. Many think that this design borders on impossible, but Samsung begs to differ. The key to this innovative idea lies in foldable OLED technology.
Many critics thought this release wouldn’t happen for another decade, but users could possibly get a taste this year. A Q3 limited launch is quietly in the making, which shows how fast things are advancing. This will help Samsung test the waters for foldable smartphones. If the market reacts favorably, we can expect a full-fledged release by 2019. This isn’t science fiction, technology is evolving at lightning speeds.
Exploring Galaxy X’s Impact on the Industry
“Samsung Display is expected to commercialize foldable phones in 2019 because the company does not need to sell the new hardware because it is already enjoying 20 percent of operating profits with bezel-free display,” said HI Investment & Securities analyst, Chung Won-seok. “When the demand for bezel-free handsets slows down, Samsung will unveil the foldable display as the next card.”
Bezel-free handsets are currently enjoying the spotlight, but they can’t mask a recurring issue. While a bezel-free design allows for more screen space, it doesn’t overcome the real problem. Over the last few years, smartphone producers from around the world have run into the same stumbling block. No matter how innovative they make a smartphone, it’s still confined to the same dimensions that limit its progress. Producers have reached the limit on what’s possible with this antiquated frame. For this reason, Samsung is getting creative.
It’s no secret that foldable OLED technology is the next frontier when it comes to smartphone production. It’s the perfect way to offer a high-quality phone that can fold into a more transportable shape. It’s not a joke, it could become the industry’s salvation. Samsung is investing heavily this year, putting a whopping $8.9 billion behind expanding OLED production. Many reliable sources swear that this tsunami of new funds will help guide OLED technology to becoming foldable.
“Apple and Samsung have supposedly signed two contracts regarding the sale of OLED displays to the iPhone manufacturer,” reports PhoneArena, “The two contracts are said to cover 160 million units. For 60 million OLED panels, Apple paid Samsung $4.3 billion, which explains why this is a worthwhile expense for the South Korean tech giant.”
Samsung isn’t the only company interested in ramping up OLED production, Apple is also getting a piece of the action. While Samsung has been using OLED screens for years, Apple is scrambling to catch up. Only one of the three iPhones set to release in 2017 will feature OLED screens. This is putting them at a deficit, so they are teaming up with Samsung.
Ironically, the two biggest smartphone producers in the world are working together. Samsung has become Apple’s leading supplier of OLED technology, which puts them in an advantageous position. They can help fund foldable OLED technology by supplying older OLED technology to their rivals. Q3 is coming up, so we will see if a limited release of the Galaxy X comes to fruition. Either way, it’s an exciting time to watch the market. Foldable OLED technology is no longer a fantasy, it’s poised to take the market by storm.