Two world-renown South Korean tech companies, Samsung and LG, may be innovating in different categories but each has cutting edge technology that promises to wow consumers.

Both want to produce components and products in new markets and rely less on foreign firms to supply them with integral parts.

LG this week unveiled a large flexible display that instantly recalls Steven Spielberg and Tom Cruise’s pre-crime tech thriller “Minority Report,” where police officers used hand motions to move items on the screen.

LG Display has produced the world’s largest OLED-based flexible display, measuring 18 inches across and featuring 1,200 by 810 pixel HD resolution. The display can be folded and rolled up like a poster into a 30-centimeter circle and still show video without a hitch thanks to its 30 radian.

LG has made it a mission to develop a 60-inch display by 2017, an LG Display official told Korea JoongAng Daily.

Samsung, for its part, which has enjoyed wide success with its Android-based Galaxy line of tablets and smartphones,  is now setting its sights on producing proprietary microprocessors that would retire Qualcomm’s Snapdragon chips, which are currently powering the hot-selling Galaxy S5 and Note 3.

The Note 4 is likely to come from the factory with Samsung’s Exynos chips later this fall, a industry source told the Korean newspaper.

Samsung is also counting on OLED (AMOLED) technology in its Galaxy Tab S, released this week in Korea and 19 other countries, to make the device more appealing because it has better resolution and consumes less energy.