iPhone 7 and iPhone 7 Plus may both offer OIS, LG and Sony could share camera module orders
As you may know, optical image stabilization is currently included only on the iPhone 6 Plus and iPhone 6s Plus. Thus, the iPhone 7 could become Apple's first 4.7-inch handset to have a camera with OIS. This should help the device deliver higher quality photos and videos, especially in low light situations.
Nomura Securities also notes that Sony, which Apple had initially contracted to make camera modules for the iPhone 7, may not be able to manufacture enough cameras in due time. As a result, "most" of Apple's "initial dual camera orders" might be handled by LG Innotek. Knowing Apple, the cameras should be top notch anyway, and end users will likely not be affected by this alleged change of suppliers.
Just like in previous years, Apple is seemingly planning to announce and launch its new iPhones in September. For a complete rundown on what to expect from the upcoming Apple handsets, check out our iPhone 7 and iPhone 7 Plus rumor review.
source: Barron's via 9to5Mac