The Nokia Lumia 920 takes great low-light photos without a flash because of its large aperture size of f/2.0. The outstanding daylight pictures taken with the Nokia 808 PureView are due to the f/2.4 aperture on that phone's camera. If a cellphone camera can be made to adjust the aperture, perhaps an OEM like Nokia could deliver a handset with a camera that can adjust from a low aperture for daylight or a landscape shot to a larger aperture for low light or portrait pictures.
The large aperture produces shallow depth-of-field, which means the area of sharp focus in the picture will be small. It is well known that small apertures are used especially for isolating the subject of the picture while throwing the background and other distracting elements out of focus. Some useful applications of large apertures include portraits and wildlife close-ups."-Nokia
The technology involves using two electrodes, and an electrical circuit that applies voltage to the electrodes. In a nutshell, the idea is to use the current to squeeze an electroactive center unit which adjusts the aperture. Nokia also mentions that it looks to use its patent to make prior art versions of the technology less complex, easier to manufacture and consume less power.
Will we see this on the Nokia Lumia EOS when and if it ever gets announced?