Samsung is developing its first smartphone with a folding display, and it’s scheduled to make its debut in January, according to one tipster who claims to be familiar with the company’s plans.

Samsung has already paved the way for smartphones with curved displays, and now the South Korean company is said to be working hard on another device, code-named “Project Valley,” that will almost certainly become the first in a new breed of folding phones.

“According to a tipster from China, who claims to have in-depth knowledge and an early scoop on Project Valley, the device is currently undergoing testing,” SamMobile reports. “The device… is said to be launched in January 2016.”

Samsung is currently testing its new handset with the Snapdragon 620 and Snapdragon 820 chipsets, the tipster claims, as well as 3GB of RAM. The device is also expect to offer two features Samsung ditched from its most recent Galaxies: a removable battery and microSD card slot.

The tipster claims Samsung has been heavily testing the Snapdragon 820, which could power its next-generation Galaxy S7. Samsung turned its back on Qualcomm’s chips for this year’s flagships, choosing instead to rely solely on its own Exynos 7420.

A folding smartphone could give users the benefits of a large tablet in a form factor that’s also small enough to fit comfortably in your pocket. But it’s probably best you don’t get too excited about this one until it’s confirmed by Samsung.

• SourceSamMobile