Another report about a smaller iPad cites an unnamed Samsung official who supposedly revealed that Apple is about to launch a 7.85-inch tablet later in the year. The California tech giant is anticipated to purchase about $11 billion in total parts for a number of its products, including the long-rumored smaller iPad.
The existing contract between the two companies is said to be for approximately $9.7 billion in components. This number is believed to grow to around $11 billion, though, as Apple starts receiving screens, chips, flash storage and more.
The company allegedly purchased an estimated $7.8 billion in components from Samsung last year, which makes Apple the Asian device maker’s largest customer. In addition to making components, Samsung also manufactures its own devices that compete with firms like Apple in the PC, smartphone, tablet and media player markets.
In February, The Wall Street Journal claimed that the Cupertino electronics developer has teamed up with its overseas suppliers to test a new iPad model sized roughly at 8 inches. It was noted, however, that the devices Apple regularly tests with suppliers don’t always actually go on sale.
Since the Journal’s report, claims of Apple developing a smaller tablet have picked up significant steam. While AU Optronics is rumored to be in to supply 7.85-inch displays, the new model will reportedly hit the production line in this year’s third quarter.
Another tip from the Far East had Apple equipping its 7.85-inch iPad with a “slim bezel display,” with screens said to be supplied by AUO and LG. The company will supposedly price the smaller tablet at $249 or $299 to make it more appealing to the sub-$300 market and put up more direct competition with the $199 Amazon Kindle Fire.