A senior executive at Japanese electronics manufacturer Sharp, which supplies smartphone panels to Apple, confirmed Saturday that the next generation of iPhone products will adopt advanced organic light-emitting diode screens.

According to Nikkei, the remarks by Sharp President Tai Jeng-wu, also an executive at Sharp's parent company Hon Hai Precision Industry, came at a time when Apple is working on revamping the design of its flagship device to boost sales during the iPhone's 10th anniversary next year.

Apple has been using LCD panels for its iPhone, while rival Samsung uses OLED panels in the majority of its smartphones.

Apple sources the iPhone LCDs from Sharp and Samsung Display. Earlier this year, Apple reportedly approached Samsung to supply OLEDS for an upcoming version of its iPhone.