Huawei is teaming up with BOE Technology to develop foldable smartphones, aiming to beat Samsung Electronics to the new smartphone segment, according to a Korea-based ET News report.

BOE, which became the first China-based flat panel maker to begin producing flexible OLED panels from its 6G fab in 2017, will produce 8-inch in-folding OLED flexible panels for a Huawei foldable smartphone, the report said.

Huawei plans to beat all rival companies by releasing its first foldable smartphone in November 2018, at the time when Samsung is believed to kick off volume production of its own first foldable model, indicated the report.

BOE is likely to secure OLED panel orders from Huawei as it has been progressively developing related technologies and has reportedly landed orders to develop four stereotypes of foldable panels from two smartphone vendors, according to the report.