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Foldable phones aren't going away anytime soon. 

Samsung's head of mobile, D.J. Koh, said that the company plans to release a new foldable phone every year in select markets, according to South Korea's Yonhap News.

The report claims that the first foldable Samsung smartphone will be released in the first half of next year. Notably, it will not be part of the company's popular Galaxy S or Galaxy Note series. Instead, the company will launch a brand new series for the foldable phones called the "Galaxy F" series.

Samsung's foldable phones were long-rumored to be one of the company's greatest innovations in the increasingly saturated smartphone market. The phone is rumored to be vastly different — and certainly more intentionally bendable — than anything available from chief rivals Apple and LG. Read more...

More about Samsung, Foldable Phone, Tech, Consumer Tech, and Big Tech Companies

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