Taiwanese trade publication DigiTimes (which has a a hit-and-miss record in the Apple rumors business) is out today with the news that Largan Precision might become the principal supplier of eight-megapixel lens modules for a fifth-generation iPhone:

Taiwan-based Largan Precision currently sees 8-megapixel phone-use lens modules account for nearly 10% of its total lens module shipment volume, but it may see 8-megapixel modules replace 5-megapixel ones to become the mainstream for smartphones in the third quarter of 2011 due to possible orders from Apple, according to industry sources in Taiwan.

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The same company already supplies Apple with five-megapixel lens modules for iPhone 4. They also provide lenses for iPad 2.┬áNote the mention of the third quarter of 2011 release which corroborates what everyone else has been hearing lately, that the next iPhone is set for a Fall 2011 launch at the earnest rather than arrive at Apple’s annual developer conference which runs this year from June 6-10. Latest leaks from sources indicate a revised design for Apple’s next handset calling for a relocated LED flash, most likely to improve image quality.

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