All right everybody. I have a 100% confirmation that this is a software issue and that all of the iPhone 12 Series devices are affected.
I'm from Lithuania, I got my iPhone 12 Pro on launch day in Germany. We don't have any official Apple Stores in Lithuania, so on 2021-01-14 I opened a ticket on my local Apple Premium Support provider (iDeal). A day later they picked up my device for inspection, a week later the device was on the way to Apple.
Just now I got an email that my device is back from Apple and that they informed iDeal that the issues on the iPhone 12 Pro OLED panels are software related and that they are working on a fix at the moment. Otherwise the device is working properly.
I'm attaching the E-mail I've just received as confirmation. Here is the translated text for you guys:
"Hello
The device is back from the manufacturer. The manufacturer reports that the device's OLED panels are not functioning properly due to operating system malfunctions. The manufacturer is already working on this issue and is addressing the issues. And in general, the device works properly and according to the manufacturer's requirements. Specify the address to which you want to receive the device."
I will receive my device back soon. They won't replace it or refund it. This is official, we are going to get an update and it's going to be fixed, the question is only when, because Apple does not provide a date.