LG confirms plans to release a flexible OLED smartphone in Q4

LG confirms plans to release a flexible OLED smartphone in Q4:
2013 is shaping up to be the year LG finds its voice in the mobile industry. The company recently shipped a record 10.3 million smartphones in the first quarter and is expecting that number to increase throughout the year. Handsets such as the Optimus G, Nexus 4 and Optimus G Pro have won over consumers, however LG believes it has the next big thing coming later this year. Yoon Bu-hyun, vice president of LG's mobile business, confirmed on the company's earnings call this week that it plans to launch a smartphone with a flexible OLED display before the end of 2013, The Wall Street Journal reported. Although it is unlikely that the handset will be truly flexible due to limitations with other components, it will be the first consumer device to include a wraparound display. LG plans to release the flexible OLED smartphone sometime in the fourth quarter.