With the rapid development of display technology, human beings have more and more stringent requirements for display products, e.g., their light weight, thinness, flexible performances, and versatility. Contemporarily, the flexible organic light-emitting diode (OLED) technology and its derived multi-layer structure tend to be wearable, light, and responsive in a short time. Although flexible OLED technology is popular, there are still many problems that needs to be addressed, e.g., new raw materials, rough flexible substrate, and low efficiency in workmanship, resulting in poor luminescence, rough and inflexible products. In this paper, a new type of flexible fiber display system is proposed by combining OLED with conductive optical fiber. This paper comprehensively introduces the mechanism, manufacturing technology and structure of this new type of flexible OLED. It covers various scopes like Internet information communication, real-time positioning, and medical assistance, etc. Despite some challenges and limitations, this product possesses a variety of advantages in terms of its convenience and flexibility, which makes the exploitation of a large range of applications probable. Therefore, it is highly expected that these promising prospects of development will stimulate the further progress in display fabrication, which helps to facilitate people’s lives in the future. These results shed light on the significance of developments of flexible OLED technology.