The Samsungs flagship smartphone S7 is a big hit in terms of revenue and shipments for the company.
Now, the Samsung has plans to release a foldable smartphone in the market.
If rumors are to be believed, Samsung will be shipping a foldable smartphone in 2017.
Samsungs parent firm called Samsung Display is in charge of developing a foldable display.
Samsung Display director Lee Chang-hoon said, The development of foldable OLED is taking place according to our plan.
According to experts, the foldable smartphones could propel a lustre in the fading smartphone market.
It seems that major tech giants are aiming to introduce innovative technologies in the smartphones.
