Over the past few months, there has been a considerable decrease in smartphone sales across the globe. Apple and Samsung still raked in impressive mobile phone sales last year; however, the actual sales fails into comparison with predictions made by market analysts. The downward trend surrounding smartphone sales can be attributed to the fact that newer phones seem to be no better than their predecessors.

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Fortunately, it seems like the worrying profit statistics is enough to nudge Samsung into a more innovative direction. According to several reports, the Korean tech company is currently in the process of developing a smartphone that would be revolutionary.

According to Android Community, Samsung is in the midst of creating a handset with a foldable display screen. This device, currently called Samsung Galaxy X and codenamed Project Valley within the company, is rumored to be available come the turn of the year.

The publication further reveals that the Samsung Galaxy X would be equipped with a 4K display and a 3840 X 2160 panel. The screen would fold and open similar to how a wallet folds. It would come with a diamond PenTile sub pixel, which is standard for most Galaxy smartphones.

Similar rumors suggest that the Samsung Galaxy X would have a tri-folding form instead of a two-folding mechanism. A leaked image obtained by Android Community reveals that the upcoming phone would be the size of a tablet when it is unfolded.

Samsung without a doubt had an impressive 2016; however, with the rumored release of the Samsung Galaxy X, the Korean company would have an even better 2017

According to Sam Mobile, the company is gearing up towards releasing five new flagship device by next year. Samsung would be releasing the Galaxy S8, the Galaxy S8 Edge, the Galaxy Note 7, the Galaxy Note 7 Edge and the aforementioned Galaxy X by 2017. Except for the Galaxy X, the other flagship phones is rumored to be equipped with a 2.5k resolution Super AMOLED display with an RBG subpixel arrangement.

Samsung has yet to officially confirm the release date for the rumored foldable handset - the Samsung Galaxy X.

TagsSamsung Galaxy X, Samsung, galaxy X, Samsung Foldable Phone, Samsung Phones 2017, Samsung Folded Smartphones