Is Apple partnering with LG for a foldable phone? Here's how iPhone company is trying to break free from Samsung

An Apple iPhone 7 and the company logo are seen in this illustration picture taken in Bordeaux, France, February 1, 2017. REUTERS/Regis Duvignau

As expected, Apple is not going to let Samsung win the smartphone race. With the Galaxy creator reportedly getting closer to releasing the first-ever foldable phone, Apple has already begun making moves to manufacture its own version of the bendable smartphone — with the help of another competitor, LG.

Apple and Samsung are both making money off the iPhone X. It might seem absurd, but it is true. The iPhone manufacturers partnered with their top competitor, as Samsung is the only company that can supply Apple with the organic light-emitting diode (OLED) screens needed for their brand new, bezel-less iPhone X.

Samsung has not yet made any moves to commercialize the flexible OLED displays, however, which may be why Apple knocked on the doors of a different smartphone company: LG.

It could also be because Apple is cautious about what they share with Samsung, according to Korean news site The Investor.

Unverified information from anonymous sources points to a flexible Apple smartphone by 2020, which means Samsung has at least three years to dominate the market.

Back in July, rumors began spreading that Apple may invest as much as $2.6 billion to fund LG's new OLED plant.

LG has been showcasing prototypes for flexible phones, with one being able to fold like a book and another that rolls up like a newspaper. There are also rumors that LG has created a dedicated task force to speed up the project's development.

LG may begin supplying Apple with OLED displays as early as 2019, reports said, which may very well spell Apple's farewell bid to their partnership with Samsung.

While none of this information has yet to be confirmed, it is safe to assume that manufacturers all over the world are now moving towards the future of smartphones: flexible, bendable and ever-competitive with each other.

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