Apple Insider reports that Apple has secured deals with two suppliers to build 8-megapixel camera lenses for the company's forthcoming next-generation handset

The report notes that both companies were previously responsible for 5-megapixel lens modules found in the current-generation iPhone 4. Both Largan and Genius are expected to keep ahead of competition as their shipments are boosted by a massive amount of orders from Apple.

Orders from Genius and Largan reportedly pushed both companies to a combined 27.5 percent global market share last year. As sales of the iPhone continue to grow, with a record setting 20.34 million sales by Apple last quarter, both companies' shares could move even higher.

  Two lens makers tapped by Apple to supply 8MP cameras for iPhone 5