Foldable handsets are still out of reach, apparently. However, things might change faster than most would expect. Lenovo has already unveiled a foldable display design concept ahead of IFA 2016, while Samsung described such a technology in more than just one patent over the last few years. Now, the time has arrived for Xiaomi to join them with another approach to this technology.
Two images of what appears to be a foldable display by Xiaomi have been recently spotted on Baidu. This device could even be a smartphone/phablet, but nothing is official yet. All that can be figured out is that the touchscreen display can be bent left/right, as well as forwards and backward. Unfortunately, there are no additional pieces of information for now, so we should wait for next year's trade shows when maybe Xiaomi will unveil its flexible display.
Both LG and Samsung are currently pushing the plastic OLED display technology forward. Samsung Display is currently spending over $3 billion on a new OLED manufacturing line scheduled to start production before 2017, while LG revealed that $1.75 billion would be invested in flexible OLED production.