Samsung might upstage Apple's new iPhone by unveiling its foldable phone in 2018

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• Samsung executive DJ Koh said the firm could unveil its foldable phone, nicknamed the Galaxy X, in November.
• It follows Koh's previous hints that the phone is almost ready, but also complicated to develop.
• A November reveal could potentially upstage the new iPhone, which will likely be unveiled at Apple's September event, but go on sale in November.

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Samsung has hinted it might be ready to upstage Apple's new iPhone this year as it prepares to launch a foldable phone.

DJ Koh, chief executive of Samsung's mobile division, told CNBC on Monday that the company may show off a foldable phone at the Samsung Developer Conference in November — around the time the new iPhone would be hitting the shelves.

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