Samsung has previously said that the company is aiming to launch its first foldable smartphone in year 2018 if it overcomes all the technical glitches associated with it. Now fresh information from South Korea’s ET News claims that the company will unveil the device in December.

According to the publication, the industry insiders have revealed that Samsung’s first foldable smartphone will feature a massive OLED display of 7.3 inches and the Samsung Display will start the manufacturing of the foldable OELD panels in March. The company is expected to begin mass production in September this year.

> Philips launches 4K TVs with Dolby Vision HDR

Even though the company hasn’t said anything, it is speculated that the first foldable phone will sport an inward folding mechanism that will allow users to open it like a book. A report also claimed that it may feature Apple’s 3D Touch-like technology.

The device is dubbed as “super premium” as far as the pricing concerns. The foldable phone will cost much higher than the existing premium Samsung smartphones.