Apple is testing E Ink's Electronic Paper Display (EPD) for future foldable device's cover screen & tablet-like applications. The color EPD has the potential to become a mainstream solution for foldable devices' must-have cover/second screen thanks to its excellent power-saving.
Kuo also notes that 'E Ink' is a company, not a reference to Electronic Ink. Check out the company's promo video below.
Previous reports have claimed that Apple is actively testing a 9-inch foldable OLED panel, possibly for a foldable iPad or hybrid iPhone / iPad. In addition to that smaller device, Apple is also rumored to be working on a foldable MacBook/iPad hybrid that could have a 20-inch display.
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