California-based start-up Royole unveiled the world’s first foldable smartphone at a conference in Beijing. The FlexPai mobile phone prices are ranging from $1,295 to $1,871. Royole, a six-year-old components manufacturer, said FlexPai would “subvert people’s perception of traditional smartphones,” functioning as a portable device and a high-definition large screen tablet, with the capability to support dual-screen use.
During the press conference, Bill Liu, founder and CEO of Royole, also announced that the firm would invest 200 million yuan into global firms that would develop apps and software for the device. Before FlexPai’s launch, it had been widely expected that Samsung or Huawei would be the first to unveil a bendable smartphone.