LG Chem (a battery manufacturer) is not square  no really, the company just announced they are breaking away from rectangular batteries. Those don't fit well into certain phone designs, like LG's own G2, which has a curved back. LG Chem has started production of curved batteries this month, which will power the next line of LG phones, but can also be used for smartwatches and smart glasses. These batteries will work well with curved displays and LG's flexible displays.
While it's not clear if the curved batteries will be able to bend like the display, the cable battery is much more versatile.
GSM Arena , LG announces curved battery for phones and wearable devices, LG announces curved battery for phones and wearable devices
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