Samsung contest pays $10,000 for best business plan using a flexible display

Samsung contest pays $10,000 for best business plan using a flexible display
If you have a great idea on how to change people's lives with the use of a flexible display, you could win some cash from Samsung. The Korean OEM's Samsung Strategy and Innovation Center and Samsung Display are both hosting the Flexible Future Business Plan Contest. Starting on Noon ET on August 29th, you can submit a business plan that must feature the use of a flexible display. In other words, current screen technology cannot be used for your plan. Your idea must be designed for a high volume market that is viable from a commercial standpoint and has to show a positive risk/reward ratio for Venture Capitalists. In other words, your plan must have the ability to make money.

Samsung is not requiring that entrants put a timeline in their plan. If you do use one, it can be a simple T+6months, for example. Samsung also is not asking you to make assumptions on what your idea would cost. Instead, they want you to figure out what value your business plan creates and compute how much you could pay for flexible displays to make your business plan commercially viable.

At the sourcelink is a number of rules that you need to read before submitting your business plan. If you get your plan in by September 15th, you will be eligible to receive feedback from Samsung about your plan. The final submission date is October 6th. The best business plan wins $10,000 while there is a $5000 second place prize and $2500 for third place. Good Luck!


source: SamsungFlexibleFuture via SamsungHub

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27 Comments

1. darkskoliro

Posts: 1092; Member since: May 07, 2012

I actually find this pretty funny.

2. Airforce

Posts: 70; Member since: Jul 24, 2012

This technology is pretty dope though

3. promise7

Posts: 894; Member since: Jul 03, 2013

flexible display technology is very innovative and futuristic, but i can't find a useful, practical purpose for a flexible screen on a smartphones other than showing off.

4. Tcool unregistered

A 7" flexible screen can be rolled into a pen size gadget. Can you imagine how convenient it is to carry it anywhere? That's one idea to change people's lives. Congrats!

6. thequota

Posts: 43; Member since: Apr 02, 2013

and the battery life is going to be how long?

23. AwesomestMaximuss

Posts: 148; Member since: Jul 09, 2013

depends on the size of the battery,,not flexible display,,,with some of the new battery technologies,u would be surprised to see what they say about the battery life.Btw u can still fit a pretty decent battery(normal ones that r being used today) in something a bit larger than a pen..

8. LetsBeHonest

Posts: 1548; Member since: Jun 04, 2013

I agree its truly innovative and i like Samsung's contest. By setting this conduct they can understand what customers want and probably make good of this screen tech. how about a traditional book type tablet? I think it would be cool

9. LetsBeHonest

Posts: 1548; Member since: Jun 04, 2013

I mean by setting this "contest"

15. pwnarena

Posts: 1129; Member since: Feb 15, 2013

well they've just run out of viable ideas that they're resorting to crowdsourcing of sorts. not bad considering that 10 grand is small money to pay for an idea that could be profitable to other companies.

16. _Bone_

Posts: 2155; Member since: Oct 29, 2012

For starters flexible displays are much thinner and take heavy top, side and bending damage, which means the most vulnerable part of your phone will be resistant to most drops and you'll spare the size and weight of the thick gorilla glass. But that's just to kick things off, moving away from traditional gadgets, and there come the foldable, wearable devices, flexible screens at home, work, in vehicles, at stores and offices, in medical and police use, on clothes and why not?

5. BooBooooooo

Posts: 57; Member since: Aug 07, 2013

Portable monitor like a tape ruler

14. Trex95

Posts: 2383; Member since: Mar 03, 2013

hahah xD +1

7. mottykels

Posts: 387; Member since: May 15, 2013

I have no idea, beauce this is useless without flexible battery and other material >.

24. AwesomestMaximuss

Posts: 148; Member since: Jul 09, 2013

not necessarily,,,for eghttp://www.youtube.com/watch?v=bxBiQRCbhSI u see both of the concepts use a non flexible battery,,,first one is really thin,,and the with the second one,the non flexible part contains the battery.

10. dexter_jdr

Posts: 1163; Member since: Jun 28, 2012

soooooooooo samsung made a flexible display. now they dont know what to do with it.

13. Tcool unregistered

You can search YouTube: "Samsung flexible AMOLED display" and be amaze.

17. dexter_jdr

Posts: 1163; Member since: Jun 28, 2012

i fvcking know that already.

26. Tcool unregistered

Yeah, that is shown in Samsung's presentation at CES 2013. That just tell they know what to do with it.

11. Tcool unregistered

In this world of technology, nothing is imposible. Welcome to the new era.

12. Trex95

Posts: 2383; Member since: Mar 03, 2013

Samsung galaxy T-shirt with flexible display instated of pics Lol.

18. UdhaiyaPrasanth

Posts: 76; Member since: Sep 05, 2012

I'll be happy if manufacturers are able to produce something that will be really useful to their customers rather than inventing something and then searching for ways how it can be used!

19. softfurryanus

Posts: 232; Member since: Jul 09, 2013

Does anybody else remember Samsung's presentation at CES 2013? "Phone. And tablet. Now that's flexibility." I want something like that!

20. itsdeepak4u2000

Posts: 3718; Member since: Nov 03, 2012

Sammy has earned lots and lots of money.

21. TROLL

Posts: 4851; Member since: Apr 13, 2012

They deserve it. The innovators™

22. RockerC

Posts: 1; Member since: Aug 14, 2013

This could be a great opportunity for Oculus VR to get Samsung to make a custom flexible display for Oculus Rift VR HMD (Virtual Reality Head Monuted Display)! Winning this contest with a Oculus Rift prototype for flexible display in a HMD would be great press for Oculus VR. This technology might not be mature for first-generation Oculus Rifts, so they could be the future for high FOV HMD. You still just use one panel like Oculus Rift, but instead, the display would be bent in a half-circle around you head. This way the HMD headset could achieve a much more sleek profile, like the very first Oculus Rift design concept.

25. taikucing unregistered

Why don't they make flexibe monitors? I hate triple monitors, there are too many cables. I just want a single ultra wide monitor that can be bent. It's very useful for playing racing games like project CARS & rfactor or working with many windows. Give me an ultra wide flexible monitor.

27. AwesomestMaximuss

Posts: 148; Member since: Jul 09, 2013

Oh man that stuff wud be orgasmic..lol..really playing multiplayer with no annoying bezels...EPIC..

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