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Samsung seems to be interested in selling its foldable technology to Google and Apple

Samsung seems to be interested in selling its foldable technology to Google and Apple

As per a recent report lodged by folks at ET News, the South Korean company Samsung seems to be interested in selling their foldable technology to American technology giants, Apple and Google.Now according to the said report, Samsung have already provided some samples of their technology to the two American companies, Apple and Google to check, if these companies are interested, the South Korean giant may then proceed further with selling the bendable display technology to both companies or at least one of the two. Here is the interesting bit about this news, when Samsung launched there first foldable smartphone last month,, many people criticized the South Korean company for such an innovation and considered this as something useless and overpriced from a consumer perspective. However, after this latest development, it seems everyone seems content on acquiring this new technology.

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The interesting part is that, this goes in line with rumors about Apple manufacturing a foldable phonewhile leaks about Google releasing Pixel 4 as a foldable device is also gaining some attention from there users.This is not the first occasion that Samsung is willingly selling their display technology to there major competitors Apple and Google. In fact, the iPhone X, iPhone XS, and iPhone XS Max were are equipped with Samsung’s OLED display while Google has been featuring AMOLED displays in its Pixel line-up (Google Pixel, Pixel XL, Pixel 2 and Pixel 3 XL) ever since their introduction in 2016, so it seems that all three companies are on good terms. A monopoly maybe?According to statistics shared by ETNews, Samsung Display’s capacity of producing foldable displays is currently 2.4 million units per year (200,000 units per month), however, if Apple and Google show interest then these numbers can increase to a whopping 10 million panels because of which the company is considering to expand its production capacity to 10 million units per year in consideration of future demand expansion.

Samsung seems to be interested in selling its foldable technology to Google and Apple

What this actually  means is that Samsung will be able to take out more benefits from selling their foldable panels to other companies compared to selling its own Galaxy Foldable phone, as if more companies release foldable phones, Samsung will benefit much more as will Apple and Google. While companies like Samsung, Xiaomi, and Huawei have already shown their implementation of what a foldable phone should look like, other companies (LG, Motorola) are also expected to release their versions of foldable smartphones sometime in 2019, so we may well be falling in to the era of Foldable smartphones.

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