RED is developing a smart phone with 'holographic' screen

Few months ago,manufactures of digital cinematography and photography cameras RED made the surprise announcement that it was developing a smartphone, and the even more surprising announcement that said phone would have a “holographic” display. 
RED’s holographic screen technology comes from an exclusive partnership with a startup called Leia Inc. Leia describes itself as “the leading provider of lightfield holographic display solutions for mobile,” and was founded in 2014 as a spin-off from HP’s research labs. 
Here's how it works, the screen projects 3D objects that you can view from different angles based on your perspective. You’d then be able to interact with the objects popping above the display through hover gestures