iPhone 7 and 7 Plus features
Apple has scheduled a media event on 7 September to unveil its new iPhone 7 Reuters

Even as Apple's media event is around the corner, KGI Securities analyst Ming-Chi Kuo has released a new report, revealing the hardware features of the next iPhone flagship model. The report reaffirms some specs that have been reported on several occasions including design similar to the iPhone 6s, but it contains details about a few specific changes.

The iPhone 7, according to Kuo's report which has been obtained by Apple News and rumour-dedicated site 9to5Mac, will be powered by a new A10 chip running at clock speed up to 2.4GHz. The chip, manufactured by TSMC using InFO technology, would bring significant upgrade over the A9 used in last year's iPhone 6s.

Kuo noted that the iPhone 7 will be available in two additional new case colours — dark black and piano black, while replacing the current space black model. This means the iPhone would be available in five colour variants.

While the iPhone 7 and 7 Plus have been widely reported to retain the screen size and resolution of their predecessors, at 4.7in and 5.5in, the KGI report suggests the display of the phones will receive an upgrade. The display is expected to sport visual features of the 9.7in iPad Pro. This change is expected to enhance the appearance of the photo taken on the new iPhone camera.

The KGI report mentions that the dual camera of the iPhone 7 will enable optical zoom and light field camera applications. The dual camera is made of a wide-angle and a telephoto camera. While both cameras will have 12 megapixel sensors, the larger camera will feature optical image stabilisation and a 6P lens.

In addition to that, Apple is planning to include a new camera flash component in the iPhone 7 to improve the photo quality taken in low-light conditions. Instead of two, there would be four LEDs for more effective True Tone flash.

The 4.7in iPhone 7 is likely to have 2GB RAM, whereas the 5.5in iPhone 7 Plus could pack an extra GB of RAM, at 3GB. The inclusion of one more GB RAM in the iPhone 7 Plus is to ease the processing of the dual camera. As reported earlier, the new Apple handset would be available in three storage options — 32GB, 128GB and 256GB.

Another key feature, KGI claims, is that the forthcoming iPhones will be water-resistant with an IPX7 rating, which means the devices can be immersed in up to one metre of water for up to 30 minutes.

Besides, the proximity sensor will be upgraded with faster response times and longer recognition distance, and support hand-waving gesture features.