Morgan Stanley reveals the 'next big thing' in smartphone tech and picks global stocks to buy

The bank also shared its views on Apple launching a product including this smartphone technology.

Analysts at Morgan Stanley have said foldable handsets are the "next exciting upgrade in smartphone displays" and named several stocks set to benefit. The bank expects global shipments of foldable smartphones to reach a compound annual growth rate of 45% between 2022 and 2025. "We regard foldable displays as the next big thing for smartphone displays," Morgan Stanley's analysts led by Derrick Yang wrote in a research note dated August 30.

company Corning , a Samsung supplier that makes damage-resistant Gorilla Glass, is also rated overweight by Morgan Stanley. "Gorilla Glass has expanded beyond smartphones and has been designed into more than 8bn devices across more than 45 brands," the analysts wrote. A folding iPhone? While the bank is overweight Apple , it said it will be a "few years" until it launches a foldable handset.

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