OmniVision had unusual timing today as it launched a new 5-megapixel camera sensor designed with smartphones in mind. The OV5640 is a full system-on-a-chip that combines the sensor and processing hardware in a footprint small enough for a thin phone; at a third of an inch wide and 0.2 inches thick, it can fit into tight areas. Even with the smaller size, the sensor can still handle up to 1080p at a full 30FPS as well as 720p at up to 60FPS.