The annual Society for Information Display (SID) show takes place this week in Vancouver and LG has something special to unveil: flexible, unbreakable OLED displays.

For the first time in public, the company will demo a 5-inch unbreakable and flexible OLED panel designed for mobile devices. This means exciting news for the tech community, as an unbreakable display may eliminate the need for costly replacements for phone and tablet screens. The display is made of plastic.

Samsung is reportedly working on a similar product, but LG is expected to beat it to the punch line by bringing its new technology to market quicker. Many were hoping to see the new Samsung Galaxy S4 boasting such a flexible display, but it seems Samsung is not ready just yet.

"Recent trends indicate that the small- and medium-sized display market is moving towards high resolution and low power consumption, and the large panel market to OLED and Ultra HD," LG Display CTO and Executive Vice President Dr. Sang-Deok Yeo explains in the press release. "With the resulting rapid need for new display advancements, LG Display, at the forefront of these trends, is well positioned to lead the market with its differentiated and cutting-edge technologies."

The flexible, unbreakable display comes at a time when smartphones and tablets are more popular than ever. As more consumers use such smart devices, the risk for damage from drops, hits and other accidents increases, but LG aims to address that issue. LG's new display would not only be cool for its flexibility, but the display's resistance could revolutionize the smartphone market and escape the dreadful repair and replace costs.

Aside from this plastic flexible display LG will also unveil 5-inch and 7-inch HD LCD panels based on Oxide TFT technology, which proved highly effective in producing thin, high-transparency, low-consumption displays. LG Display was the first to utilize this technology in its large OLED displays and will now expand to LCD Panel development. The 5-inch HD panel will sport a 1.0mm bezel allowing for manufacturing borderless smartphones that are lightweight and emit considerably less heat. The 7-inch HD LCD panel, meanwhile, boasts advanced touch function-embedded technology allowing for superior touch functionality in thin and lightweight mobile devices.

LG will also be showing off a 55-inch curved OLED TV, the world's first Ultra HD panel for 23.8-inch monitors, a 14-inch Quadruple HD (2,560 x 1,440) panel for laptops, as well as the world's first 7-inch Full HD panel for tablets that exceed 300 pixels per inch (ppi), among others.

SID Display Week 2013 takes place in Vancouver, Canada, from May 19 to 24. LG Display will showcase its products and innovations at Booth #1012.