World's first commercial Foldable smartphone

         Royole Corporation was founded in 2012 by engineering graduates from Stanford University, next to Silicon Valley. Its stated mission is "to improve the way people interact with and perceive their world".Now, the company has added to its milestones by announcing the world's first commercial foldable smartphone, the Royole FlexPai.

                 The device was unveiled at a trade event in Beijing. When opened, it presents a single display measuring 19.8cm (7.8in) – bigger than many tablets. But when folded up, it presents three separate smaller screens – on the front, rear and spine."The Royole FlexPai foldable smartphone provides mobile phone users with a revolutionary, different experience compared to traditional phones," said Dr. Bill Liu, Royole founder and CEO.

                  The phone's inherent design will forever change the consumer electronics industry, as well as the way people interact with and perceive their world." Industry analysts report that the global printed and flexible electronics market will reach $330 billion by the year 2027, of which flexible display will be the major market segment. Flexible display shipments in units are projected to increase at a compounded annual growth rate of 44% to 2024.