FBR Capital Markets predicts the iPhone 5 will begin production in Q3 featuring an 8MP camera and a Qualcomm CDMA-GSM chip, according to PCWorld.

In a research note, FBR says they expect about about 20 million iPhones will be produced in the third quarter with the iPhone 5 accounting for about 8 million of those.

OmniVision is predicted to be the supplier of an 8 megapixel CMOS sensor with Sony being a possible backup supplier.
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