Samsung Display, the display-making affiliate of Samsung Electronics, will launch a flexible display for smartphones that can be folded in half, a senior company executive said.
"We will secure production capacity of 30,000 to 40,000 [flexible displays each month] by the end of next year," said Lee Chang-hoon, vice president of business strategic team, Samsung Display, during Samsung Investor Forum 2014 in New York. "There will be no company [except Samsung] that has this great production capacity by 2016.
"We plan to provide consumers with a product that has a flexible display by the end of the year. However, nothing has been decided on the finished product," added Lee.
Samsung Electronics is planning to expand its product line of flexible-display smartphones following the warm reception of the Galaxy Note Edge, which has a curved display that wraps around its side. Samsung Display is currently expanding production capacity of its A3 line, which produced the curved display for the Edge.
Samsung to launch flexible display, cut smartphone models in 2015
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