Samsung is believed to be developing an ultra-flexible smartphone that doubles as a wearable device, according to fresh media reports. Samsung has been researching the flexible OLED screen technology for more than five years now and has filed patents for a number of next generation technologies, including smartwatches that could actually be fully fledged flexible smartphones.

Details of Samsung's patent application have surfaced online indicating that Samsung plans to come out with a phone-bracelet hybrid gadget. The device consists of a foldable OLED display that is divided into segments to provide extra flexibility and allow it to be worn on the wrist or stored in the pocket. The OLED bracelet can reportedly wrap around the user's wrist as well as roll out flat and function as a smartphone. In short, the device is effectively a smartphone that curves to become a smartwatch on the wearer's wrist and does not resemble a watch, but instead looks like a huge bangle.

According to the documents related to the futuristic patent filed by Samsung in mid-2014, the hybrid device features a rotating touch display that moves with the wearer's arm, as well as a transparent protection panel to shield it from scratches. The wearable phone-bracelet hybrid gadget can be used for making calls, listening to music, seeing pictures, sending texts, checking weather reports and carrying out all the functions that can normally be done using a smartphone or multimedia device.

Samsung's wearable smartphone will reportedly support both multimedia and communication modules, so that users can play music as well as make calls on the same gadget. The device is also speculated to come with a camera and a range of sensors for detecting the wearer's movements.

Samsung is yet to announce the phone-bracelet hybrid gadget and though the device appears to be too bulky to be worn regularly, the company could come out with a much slimmer product when it finally releases the device in the market.