Back in January 2010, Apple Insider reported the possibility of LED camera flash in iPhone 4G. Now the latest reports are coming in from The Chosum libo that iPhone 4G will indeed have an advanced 5MP LED flash camera manufactured by a Korea based company, LG Innotek.

Rumors already had it that the iPhone 4G will be big on camera. The brutal dissection saga of the iPhone 4G by Gizmodo also revealed a front-facing camera along with a LED Flash on the back.

Image credit: Gizmodo

With a 5MP camera, the next iPhone will come in line with what’s offered by Google’s Nexus One. Hopefully, Apple will unveil the iPhone 4G at the annual WWDC 2010 during June 7-11 in San Fran. Other much anticipated features in the next iPhone are native Facebook integration, a better resolution screen, video conferencing using iChat app and overall performance boost. [via]