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Will Apple Add 3D Camera to the iPhone?

A report out of South Korea last week indicated that Apple Inc. (NASDAQ: AAPL) and LG Innotek, a subsidiary of LG Electronics, are working on development of a 3D camera for a new iPhone. The camera could be available as soon as the second half of next year.

LG Innotek is the Korean company’s subsidiary working on developing new technology and camera modules for LG’s own mobile devices. The firm developed a dual-lens camera module for LG’s Optimus 3D smartphone in 2011, and Apple uses the LG Innotek dual-lens camera in...