Oculus DK2 uses the Samsung Note 3 screen

[LAwLz]

Oversaturation is not caused by the amoled screens. In reality amoled screens can be perfectly calibrated to show natural colors. But Samsung doesn't do it. And that's the problem. They oversaturate because it makes the colors pop and look nice to some people. LG is following Samsung's lead and oversaturating their displays as well, and their's aren't amoled.

Actually, the oversaturation is in fact partially caused by the panel being SAMOLED.

One of (the handful of) reasons is that SAMOLED has a wider color gamut but Android is not color space aware. It can produce more colors than the OS is aware that it can, so the colors gets compressed down to regular sRGB, and that causes saturation.

Anandtech wrote a pretty good piece about it a while ago, and the video posted above in this thread explains it very well.

 

That's not to say that SAMOLED is always oversaturated. You can cant this into consideration when calibrating it and get really good colors. The movie mode on the Galaxy S 5 produces really good results for example.

 

Sadly, people don't like accurate displays. The Nexus 5 has an absolutely fantastic display in terms of color accuracy, and what do people say about it? "derp it's so dull the HTC One is da best!"