Reports are circulating that the iPhone 5 will have a dual-LED flash. That comes from none other than Digitimes. Here's a segment from the report:
"The rumors come amid market reports indicating that Apple reduced its orders for Lumileds high-power LED flash products from Philips recently and switched the orders for LED flashes to Taiwan makers."
The iPhone 5 is rumored to be coming in September. Of course that means the rumors will only pick up. Expect everything from leaked photos to rumors confirming rumors then hearing the next day that it was all a load of poop. Gotta love the iPhone rumor cycle.
We've also heard that the flash will be repositioned. Supposed components have shown that. Whether the parts are real is unknown at this point.