LG rumored to supply foldable displays for a US-based company, aiming to beat Samsung, Apple

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LG will be playing their cards on the foldable device industry too, according to reports coming from South Korea.

According to a report by etnews, LG Display is allegedly working on mass-producing foldable display productswith smartphones being the highlight, but expanding on other devices, too. The report revealed that LG is in a supply deal with a US-based company to provide for them foldable display products.

While the alleged client of LG was not named, it was said that this company will most likely be a software company that aims to rival Samsung and Apple in the place on the top. Additionally, the US-based company went to test what Samsung had to offer when it comes to foldable displays, but decided to make the deal with LG instead.

The company is still in conceptualization of products, and is still not yet sure when the mass-production of foldable displays will begin.

On the other hand, according to a Chinese tipster from Weibo (via G for Games), Samsung is currently working on something called the Project Valley, or Project V. This project V is allegedly the long rumored foldable smartphone that was reported sometime in the past already. According to the tip given, Samsung is at the stage of testing the device to run under the Snapdragon 620, and on the newest Snapdragon 820 as well. The source said that Samsung is gearing up the Project Valley smartphone for a possible release on January of next year.

Going back to a statement they made last year, it has been in the buzz that Samsung may be finally working on a foldable display for the upcoming Galaxy S7. Talking to ZDNet last year, Lee Chang-hoon, VP of Samsung Display, teased of an innovation they are getting ready for.

“We will secure production capacity of 30,000 to 40,000 [flexible displays each month] by the end of next year,” he said. “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.”