I have a theory for why the iPhone 7 hisses under load. A resistor works by using all the extra energy to produce very quiet audio. It is usually a ringing sound but it can be different. It usually does this when the CPU is being us a lot. The CPU might underclock itself when it isn't under load. When it is, it maxes out the clock speed and uses more energy but is drawing slightly more than it needs. So how does it avoid being fried? Thats where the resistor comes in. It helps keep the phone from overheating and ruining your brand new phone.
Now why don't they just lower the amount of power? It doesn't really work that way. They can't determine the exact amount it will need very easily so they get the lowest working amount of energy and the CPU and resistor take care of the unused energy. You might be thinking, "if the cpu can take care of it then why do they need a resistor?" If they removed the resistor than the cpu would overheat. Why? The reason the CPU heats up is because it is getting rid of unused energy. Too much can cause the internals to reach melting point and no more CPU.
Looking at iFixit's teardown, you see they don't label the resistor. Why the heck would they need to? Literally every electronic has one and people rarely need to replace a resistor because they rarely fail. Even when they do, there is very little way of telling what type of resistor it is. Using the wrong type can either fry the CPU because it gets to hot, or cause it to have trouble running because the resistor is getting rid of too much.
This hissing noise is not new either. There are reports of previous iPhones and probably even androids hissing. It is because of that resistor. It could even be multiple resistors. And if people are more concerned with this hissing than not having a headphone jack, Apple did a great job this year.
iPhone 6 had bendgate and that was a real problem because it bent so easily at one point. The 6s had chipgate and that really wasn't a big deal because it wouldn't make much of a difference. If the iPhone 7's hissgate is all we can come up with, the iPhone 7 is a really good phone. Hissgate is literally no big deal because it is very hard to hear and isn't ruining anything. In fact, it's helping your phone.