A team of Goldman Sachs analysts led by Rod Hall has in a recent note to investors that Apple can fight to keep up with Samsung's newly introduced Galaxy Fold if foldable smartphones become popular in the short term, Business Insider reports.
Analysts believe that Galaxy Fold has a strong potential to challenge Apple in the ultimate smartphone market. According to Goldman Sachs, if Samsung's new foldable form factor turns out to be a hit, the South Korean company may postpone Apple's access to the necessary display technology for use in its iPhones.
"In terms of competition for Apple, we see Fold as the most important potential challenge in ultra high end with a compelling form factor that only Samsung's collapsible OLED technology can deliver in our opinion.
We see this as challenging for Apple that could find itself without access to the critical flexible OLED technology that we believe Samsung has at least two years of lead over other screen competitors. "
Samsung unveiled Galaxy Fold with a 7.3-inch folding display along with its new Galaxy S1