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Apple's next iPhone could have a camera capable of recording 1080p video, now that sensor supplier OmniVision has upgraded its wares.
Companies were already partners; since late last year, Lenovo has used nearly 2 million OmniVision CMOS sensors.
Technology is similar to a recently unveiled chip from Omnivision.
Shares of OmniVision Technologies, a maker of image sensors used in digital cameras and handheld computers, rise 159 percent to $33.75 in first-day trading.
The single CMOS sensor will be the first commercially available camera on a chip. It was developed by Omnivision Technologies of San Jose, California, and Marshall Electronics will build the finished camera. It will include a series of lenses, housing, and cable systems to support the Omnivision sensor, and will feature built-in video output switching that will allow an unlimited amount of cameras to be connected in series with a single coax without external video switchers. A complete sensor board will cost $39 each for 500 pieces, and a complete camera with lens and housing will cost $79.