Samsung, a Korean electronic major, has confirmed to be working on a smartphone with a foldable display reports Forbes. According to the report, the company is likely to christen the handset as Galaxy F7. If the sourced are to be believed, Samsung could become the first smartphone maker to introduce a device with a foldable display in the market. Previously, there were several rumours and speculations in the market hinting that the foldable smartphone will be labelled as Galaxy X. Samsung To Launch New Galaxy A Series Phone in India Soon; Will Rival OnePlus 6 & Xiaomi's Pocophone F1.

Earlier this year, CEO DJ Koh confirmed in an interview that the Korean smartphone maker would make sure that the foldable smartphone doesn't end up as a gimmick. He mentioned that "I need complete confidence that we're delivering the best user experience when we're launching a new category. When the time comes to show off the device, I'll be open about the new product."

In a recent interview with Forbes, the CEO emphasised the importance of a foldable smartphone. He stated that "Samsung is "focusing on developing innovations that will be genuinely accepted and liked by consumers". He also mentioned that they don’t want to lose the world's first title in introducing the foldable smartphone technology. Samsung Galaxy Note 9 To be Launched in India on August 22; Prices, Features, Specifications, Availability & More.

Moreover, DJ Koh reportedly also confirmed the fact that Samsung's foldable smartphone will not be a one-off device, but will commence an all-new range of handsets.

Currently, there is no information available regarding the introduction of a foldable smartphone from the house of the Korean smartphone maker. Moreover, the company has also not revealed if the device will make an appearance on the 10th anniversary of Galaxy S10, which is speculated to launch globally next year.

It is also believed that Samsung is not the only company focusing on foldable smartphones. It is speculated that Apple, as well as Huawei, are the two companies racing with Korean tech giant to introduce devices with foldable displays.

(The above story first appeared on LatestLY on Aug 20, 2018 06:14 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).