LG Innotek, a subsidiary of LG Group, is planning to invest KRW547.8B (~USD0.5B), to increase the output of Apple iPhone camera modules. It will use the funds to expand the scale of the factory and use CMOS image sensors from Sony and Samsung to manufacture camera modules. The final product will be shipped to the Foxconn factory in Taiwan, China, to assemble the iPhone. (GizChina, Asia Nikkei)

UBS expects the camera feature in high-end smartphones to continue to be upgraded, while specs in mid- to low-end models could continue to be downgraded. They expect to see…