However, LG's OLED production capabilities aren't now a match for Samsung's, so that could be part of the reason that we might not see a foldable iPhone until 2020.
However, since LG Display's production capabilities are pale in comparing to Samsung's it might take a while for Apple to officially release the foldable iPhone.
Claims in the Korean technology media claim Apple has tasked LG with creating a bending and foldable screen for a future iPhone. However, it's been suggested that Tim Cook and co do not want to develop too close a relationship with an arch rival.
Samsung is already known to be working on a foldable smartphone called Galaxy X that is likely to be launched next year. These included a tablet that folded into a smartphone and a clamshell-like handset.
The report from the Investor also claims that these LG bendable displays will be under production by 2019. LG will get time to build a market for flexible OLED screens that may bring LG into Cupertino providing a another possibility to Samsung in terms of display.
Nokia 9 with curved glass display and dual rear cameras leaks
Now, it looks like Nokia has finalised the design of it's upcoming high-end smartphone, the long-rumoured Nokia 9 . OnLeaks has chose to render HMD's upcoming flagship and provide us with a better look of what's to come.
"We expect Apple's major promotion of facial recognition related applications will encourage the Android camp to also dedicate more resources to developing hardware and facial recognition applications", Kuo wrote.
Samsung has been dabbling in foldable displays for years, and it'll be exciting to finally see the culmination of those experiments.
Interestingly, the report says Apple has chosen to work with LG on the project instead of Samsung.
As expected, Apple is not going to let Samsung win the smartphone race.
Another firm, LG Innotek, is working on a rigid but flexible printed circuit board for the gadget.
Production of the foldable displays could start as soon as 2020, according to The Bell. The same can be said for Samsung's own foldable phone as well.