LG will release its first smartphone that can be folded like paper

Rollable phones are a product of LG’s long history. The rollable phone concepts from LG first surfaced in 3D models in August of last year. Based on LG’s copyright, the designs are hypothetical sketches. According to rumors, the first rollable phones will hit the market at the start of 2019.

The Article claims that LG is developing Project B, a rollable smartphone that the company intends to introduce in the first quarter of 2021. Rollable smartphone prototypes are already being made at the LG facility in Pyeongtaek, South Korea.

Before being formally released on the market, commercial products typically undergo three to four trial productions. About 1,000 and 2,000 smartphones are produced for testing. China’s BOE firm will make the rollable display for LG.

The Project B rollable phone, codenamed Rainbow, will debut in the first quarter of 2021 and feature a standard flagship phone design. The horizontal smartphone, known as Wing, will go on sale in the second half of next year.

Leading the way in smartphone display technology is LG. After launching a 1.3-inch circular flexible OLED display for smartwatches in September 2014, LG first created a 6-inch flexible plastic-coated OLED panel for smartphones in October 2013.

LG is now experiencing losses in its mobile division. It reported 998.6 billion won in revenue for the first quarter of 2020 and a 237.8 billion won deficit in operating expenses.