The South Korean company is understood to be launching a smartphone with the new screens in November following a move by rival Samsung to bring curved-screen phones to market this month. The light-emitting diode (OLED) panels are made of plastic rather than glass which makes them both bendable and unbreakable, potentially allowing for the creation of foldable designs which could radically change the high-end smartphone market.
Research firm IHS Display predicts the global flexible display industry will see dramatic growth in the coming years, becoming a $1.5 billion (£900 million) market by 2016 and exceeding $10 billion by 2019.
Last month Samsung, the world's bestselling smartphone maker, announced it would be releasing a phone with a curved screen in October, though the specifics have not yet been revealed. LG said it has started production on a six-inch display which is curved from top to bottom. A source told Reuters that the company plans to unveil a smartphone with a curved screen in November.
“The flexible display market is expected to grow quickly as this technology is expected to expand further into diverse applications including automotive displays, tablets and wearable devices," said Dr. Sang Deog Yeo, executive vice president and chief technology officer of LG Display.
Source: The Telegraph
