Korean media has reported that local firm LG Innotek will supply a specially developed face recognition camera for the iPhone 8.The Korean company has invested 269.7 billion won, or about $238.50 million, in a new manufacturing plant that will be dedicated to Apple's orders, The Investor reported Thursday.Citing industry insiders, the report stated that the iPhone 8 will feature a really small camera capable of advanced 3D facial recognition in order to achieve better accuracy .”Apple and LG Innotek, the market leader in the smartphone camera module market, teamed up last year to develop the world's first 3D facial recognition camera system that can be used for a variety of applications from biometric authentication to games,” reads the article.The initial deal size is estimated at about 200 billion won, or about $177 million.KGI Securities was first to predict that iPhone 8 would come outfitted with a 3D sensor allowing users to capture 3D selfies, map their surroundings in 3D, scan objects in 3D, use augmented reality features and more.