LG making flexible batteries, eyeing market for bendable electronics

LG Chem is gearing up to mass produce curved batteries as it eyes a growing market for wearable and flexible products such as phones, watches and glasses.

Production started in July at its factory in the Chinese city of Nanjing, said LG on Tuesday, in a report by Korea Times.

"We've successfully developed batteries that haven't existed before with our own patents, and that advancement is going to help us take the lead over our rivals in the race for next-generation digital devices," said Kwon Young-soo, president of the company's battery division, in the report.

The firm said these curved batteries are already being used to power G2 smartphones manufactured by LG Electronics, the group's consumer electronics affiliate. The batteries will also be sold to other smartphone makers, it added.