Samsung to Unveil Folding Smartphone This Year

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He said that earlier this year he changed Samsung's mobile research and development organization and product planning to prepare for the shift.

The mid-priced section of the market has suffered from something of a slow down of late, and Samsung is hoping to rejuvenate interest by using its cheaper Galaxy A range of phones to showcase new technology.

Visitors test the Galaxy S9 Samsung smartphone at the 2018 IFA consumer electronics and home appliances trade fair during the fair's press day on August 30, 2018 in Berlin, Germany. He also confirmed that the tech used in the device was complicated but the company has "nearly concluded" it.

Koh also stated the phone will be much like any other smartphone in its folded state though users can always unfold the device should they need a bigger display. "But when you need to browse or see something, then you may need to unfold it", Koh told CNBC. What is Koh smoking that he doesn't think that that's a good idea?

Several phone-makers are rumoured to be developing devices with flexible screens that can be folded in half, without a hinge or seam in the middle. Rumors about a folding Samsung smartphone have been swirling for years, and the company has made similar promises in the past but has yet to bring such a device to market.

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If Samsung shows off its foldable phone this year, it may encourage some potential iPhone buyers to hold off.

So, when can we actually get our hands on the foldable handset?

As for Koh, the exec said that "it's time to deliver" on a foldable device, teasing how the device will operate. In an interview with CNBC, Samsung's mobile business head DJ Koh dropped the hint that the Galaxy F launch could take place in November.

When not in use, the secondary display can be turned into a touchpad, which could see it turned into a gaming console rather like Nintendo's DS range. At the moment, there's no information whether the quad camera phone will be a part of Samsung's existing series, or debut under a brand new series.

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