Now, the company has confirmed that it will launch a new foldable smartphone within a year. The company has reportedly been working with parts suppliers since early this year.
However, he added that he was not sure Mr Yu's idea of replacing computers with smartphones that have fold-out screens would appeal to many consumers.
This simply means that Huawei will project its foldable smartphone as a replacement to the desktops and laptops.More news: Toyota Yaris GR Sport
"Why are you still using a computer?"
The CEO expressed that people use traditional computer/laptop rather than a smartphone because they believe that its size is not enough for their daily usage but we will change that perception by launching a foldable device; he revealed that it could be announced in the next 12 months.
Folding displays have the potential of turning a smartphone into a larger device, just by opening the screen to its biggest size. "It is conceivable that a display can be folded out". He also noted that smartphones are now an important part of our daily lives at work, "in private life, when paying or entertainment".More news: Florence 'unloading epic amounts of rainfall' in North Carolina
"[The smartphone] is playing an increasingly important role in the lives of users".
"The industry is very close now to foldable phones becoming a commercial reality", Stanton said, according to the BBC.
The comments suggest close competition between Huawei and Samsung, both of which are aiming to become the first smartphone maker to release a device with a flexible display of some kind.More news: Two Koreas open joint liaison office in North - pool report
Recently, it was reported that Samsung is planning to launch its long-awaited foldable smartphone by the end of this year.
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