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It's still not certain if Apple Inc. will release its flagship smartphone, the iPhone 7 this year or next year but speculations gave been doing the rounds around it for quite a while. Now, it's been reported that the new iPhone device will boast of camera which is on par with DSLR camera in terms of quality.

Apple Inc. has acquired LinX Computational Imaging, an Israeli company known for its camera technology, for $20 million (approximately £13.5m), according to Techradar quoting a report by the Wall Street Journal. This new acquisition has sparked off speculations that the iPhone 7 could come with the DSLR-like camera. 

The company claimed that it "use special sensor arrays and algorithms to create high-quality images that match DSLR cameras in smaller packages," added the website.

Improving camera has the potential to boost iPhone devices because users and critics have been complaining about its camera and battery for a long time now. It is also reported that iPhone 7 would come with features like sapphire crystal glass, chassis made of liquid metal, A9 chip, and 2GB RAM.

There are conflicting reports on the release date of the iPhone 7 with Apple Insider reported citing a source that Apple might release the iPhone 6s and perhaps the iPhone 6S Plus with Apple SIM (universal SIM card) pre-installed in September this year, hinting that the iPhone 7 could be postponed to next year.

However, Value Walk reported that Ming-Chi Kuo of KGI Securities has sent out a note to investors that Apple might release its flagship smartphone, the iPhone 7 this year instead of the iPhone 6S, iPhone 6s Plus or the 4-inch iPhone 6c as reported earlier.