Samsung has been rumored to launch a phone with a foldable display ever since it demoed the technology all the way back at CES 2013, and a recent report by Bloomberg suggests the phone will be unveiled at next year's Mobile World Congress. The South Korean manufacturer is said to be mulling two models with bendable displays, with one phone offering a 5-inch display that can be unfurled into a tablet-sized 8-inch screen.

Galaxy X foldable screen

From Bloomberg:

The devices using organic light-emitting diodes could be unveiled as soon as early 2017, the people said, asking not to be identified because the matter is private. The second Samsung model will have a 5-inch screen when used as a handset, that unfurls into a display that's as large as 8 inches, similar to a tablet, the people said.

Codenamed "Project Valley," Samsung could unveil one or both of the devices as soon as February, when Mobile World Congress takes place in Barcelona, one of the people said.

This isn't the first time we're hearing about Project Valley, as similar rumors made the rounds last year. And the upcoming phone won't be the first to feature a bendable AMOLED screen, as Samsung already uses the technology on its current edge phones. The difference is that the edge screen is fixed in place, with Project Valley said to offer a malleable display.

In other Samsung-related news, it looks like the vendor is looking to brand this year's Galaxy Note as the Galaxy Note 7 to bring it to parity — at least in terms of naming — with the Galaxy S series.