Samsung foldable phone could become reality this year, finally

From CNET: Samsung seems to have worked out the wrinkles on its much-rumored foldable phone and could unveil such a handset later this year, according to a report from Korea.

The electronics giant is working on a phone with a flexible display that folds open into a 7-inch tablet, the Korea Herald reported Wednesday. It is expected to ship more than 100,000 units during the third quarter, sources described as familiar with the matter told the newspaper.

Korea-based Samsung had initially focused on a fold-in phone but abandoned the plan out of concern that people would find it inconvenient to unfold the phone every time they wanted to use it, the Herald reported.

Samsung did not immediately respond to a request for comment.

The smartphone market has cooled off in recent quarters, as developed countries have reached a saturation point and as new models have become largely incremental upgrades from their predecessors. That's dinged Samsung's sales, though the company says it's expecting a respectable performance from the final quarter of 2016.

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