LG Display has revealed plans to commence mass-production of flexible smartphone panels from the fourth quarter of 2013 for its customers.

The production is expected to support company’s effort to meet growing demand for business systems as well as strengthen its position in the display market.

According to the company, the new flexible displays, which are bendable and unbreakable, are expected to be the next innovation in display-making technology.

The company said, in a statement cited by The Korea Times, that it has completed the development of its first flexible displays.

"We will mass produce flexible displays from the fourth quarter of this year," the company added.

The company is expected to invest in flexible displays for mobile devices and new panels, which are called organic light-emitting diode (OLED) panels and support ultra high-definition (UHD).

"We will apply a 4.5th generation glass-cutting technology for the OLED flexible displays. Monthly capacity for the line was set as 12,000 sheets."

LG Display said that the flexible displays will be produced at its E2 line at its display complex in Paju, South Korea to be used by LG Electronics and other companies.

LG Electronics, the major shareholder of LG Display is planning to unveil its first flexible smartphone later this year