Samsung may launch its foldable phone at MWC 2017

Bloomberg says,

“This product could be a game-changer if Samsung successfully comes up with a user interface suitable for bendable screens,” said Lee Seung Woo, an analyst at IBK Securities Co. in Seoul. “Next year is a probable scenario. Their biggest obstacle was related to making transparent plastics and making them durable, which seems resolved by now.”

Shares of Samsung rose 1.5 percent to 1,398,000 won in Seoul, extending this year’s gain to 11 percent. Suppliers to Samsung jumped. V Technology Co, which counts Samsung as its second biggest client according to data compiled by Bloomberg, jumped 15 percent to 9,270 yen in Tokyo. Murata Manufacturing Co. climbed 4.7 percent and Screen Holdings Co. reversed early declines to close higher.

This phone really a new innovation in the Mobile market. It has been expecting that US and South korea may receive this mobile first before other countries.

source: bloomberg