Water-resistance? Check. Better low-light camera? Check. OLED screen? With the iPhone 7 and iPhone 7 Plus, Apple has caught up to Samsung's Galaxy S7 in some key areas, but the display isn't one of them.

According to a Bloomberg report, Apple is in talks with Sharp to supply OLED screens for next-generation iPhones.

Yes, the iPhone 7 offers a screen that's 25 percent brighter with a wider color gamut, but it's not as sharp and certainly not as colorful as the Super AMOLED panel on the Galaxy S7, S7 Edge and red-hot Note 7.

MORE: 29 Hidden iOS 10 Features You Need to Try

OLED screens have a number of benefits over the traditional LCDs in the iPhone 7 and 7 Plus. For one, they offer more saturated colors, which really make photos and videos pop. Second, OLED screens tend to offer better contrast, because they are capable of displaying pure blacks. The iPhone can look a little cloudy when displaying black.

It doesn't end there. OLED screens offer wider viewing angles than LCD panels, so someone else can binge watch that episode of

Luke Cage when they're sitting next to you. Lastly, an OLED iPhone should last longer on a charge, because the technology promises less battery drain.

Sharp says it will invest $566 million for the development of its OLED production facilities, with the goal of starting output by June 2018. But that doesn't mean the iPhone won't get an OLED screen before then. The Bloomberg report says that Apple is trying to encourage more competition among its suppliers.

  • 23 Essential iPhone 7 Tips and Tricks
  • It's Close, but iPhone 7's Camera Still Can't Top Samsung
  • Best iOS Games - Top Rated Games by Category

Get instant access to breaking news, the hottest reviews, great deals and helpful tips.

Thank you for signing up to Tom's Guide. You will receive a verification email shortly.

There was a problem. Please refresh the page and try again.

No spam, we promise. You can unsubscribe at any time and we'll never share your details without your permission.