The foldable smartphones race has started. Almost all the big companies are working on flexible smartphones. Among all is Samsung. Samsung is planning to launch the first foldable smartphone next year at CES. After Samsung, Huawei is also planning to bring its flexible smartphone very soon. Now two other Chinese smartphone manufacturers are reportedly working on foldable smartphones.
Xiaomi and Oppo are reportedly looking for display manufacturers to supply their foldable smartphones
Xiaomi and OPPO are reportedly looking for display manufacturers to supply their foldable handsets. The options, for now, are rather limited – BOE, Visionox and LG Display. Xiaomi is planning on leading in the segment by being the first manufacturer to bring a working flexible device by kicking off mass production immediately after the announcement.
It is not clear that how the Chinese company will choose to price the smartphone. However, Xiaomi has committed to a maximum profit margin of 5% on its smartphones. It also suggests that the device will ld be cheaper than Samsung as it’s offering could cost nearly $2,000.
Let’s see who will win this race.