Samsung and LG will release their first foldable smartphones in 2017

After years of speculations and planning, it looks like Samsung is ready to finally release smartphones with foldable displays into the market. According to a report by The Korea Herald, there will be some major reshuffling in Samsung's mobile communications unit and IT department by March, following which, the final decision in the matter will be taken. Most reports are suggesting that Samsung will be manufacturing and shipping out as many as 100,000 units of the 7-inch foldable smartphone by Q3 of this very year.

Not to be outdone, LG reportedly has plans of its own to ship out 100,000 units of a foldable smartphone model that they have been developing for the last few years. It should happen by the fourth quarter of 2017, according to the rumors. Additionally, LG may also start selling the foldable displays to other smartphone manufacturers, namely the likes of Huawei and even Apple. It will be interesting to see which of the two Korean tech-giants come out with a better foldable smartphone, given that these rumors hold true of course. Also, we will have to wait and find out if Samsung releases the model with displays on both the rear and the back or the one with just a single flexible display. They may eventually release both versions, but it is likely that we will see just one of them in 2017.

 Saikat Kar (tech-enthusiast)