Method and system for providing auto focus and optical image stabilization in a compact folded camera

A folded camera module, comprising:

• a) an optical path folding element (OPFE) for folding light from a first optical path to a second optical path, the second optical path being along a second optical axis;
• b) an image sensor;
• c) a lens module carrying a lens assembly with a symmetry axis along the second optical axis, wherein the lens module is designed to move in a first direction parallel to the second optical axis and in a second direction orthogonal to the first direction, the first and second directions being in a first plane containing the second optical axis, wherein the first plane is perpendicular to a second plane containing the first and second optical paths, and wherein the OPFE is designed to be tilted around the second direction so as to tilt the first optical path;
• and
• d) a lens actuation sub-assembly configured to cause the lens module movement in the first and second directions, wherein the lens actuation sub-assembly includes four coil-magnet pairs for actuating the lens module movement in the first and second directions and wherein at least one of the four coil-magnet pairs is positioned between the lens module and the image sensor.