While smartphone cameras may never be able to fully replace a high end digital camera, they're definitely giving it a darn good try. We've already seen the first 8-megapixel camera phones hitting the streets, and now OmniVision has announced the development of a 12.7 megapixel camera chip sensor capable of full resolution stills at 24 frames per second. As well as helping ensure that mobile photographers are able to grab all the action by minimizing shutter lag between shots, the new sensor also caters for in-device image editing and high dynamic range photography.