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iPhone screens on verge of major upgrade: Report

Apple could soon work with Samsung and LG to incorporate those companies' display technologies into a new version of the iPhone, according to a recent report.

The companies will reportedly provide Apple with slim organic light-emitting diode screens, according to Reuters, citing Korean publication Electronic Times, whose sources were unnamed.

Apple currently uses LCD screens for its iPhones. OLED displays have improved image quality and longer battery life over LCD screens.

Samsung and LG together are reportedly investing $12.8 billion to build up their capacity to manufacture OLED screens, the Electronic Times reported.

Apple declined to comment on the rumors. Samsung and LG didn't immediately respond to requests for comment.