iPad mini rumors mount
Apple's iPad Mini could have touchscreens made by AU Optronics and LG.
Chinese web site Donews, by way of BrightWire, reports that both AU Optronics (AUO) and LG Display are making the touchscreens for the device. The iPad Mini is reportedly set to be announced this fall. Some reports, however, have said it will be announced with the iPhone 5, while others say the device will be announced later in the year. Both AU Optronics and LG are part of Apple's supplier list.
There has been plenty of chatter that the iPad Mini will have a screen size around 7-inches, smaller than the 9.7-inch display on the existing iPads. Apple competitors such as Google (GOOG), Samsung, and Amazon (AMZN), however, have shown there's a market for 7-inch tablets. Amazon is reportedly announcing a new Kindle Fire tablet next week in Santa Monica, California.
The iPad, which has 68% of the tablet market according to IDC, has come under attack from these competitors, but so far, none of them have been able to make much of a dent in Apple's market share. The iPad Mini could be seen as an attempt to thwart any semblance of competition, maintaining Apple's lead in the tablet market.
The iPad Mini's features may be very similar to the iPad, except screen size. It's also possible Apple may include its A5X chip in the new device, as well as front and rear cameras. The A5X made its first appearance in an Apple device with the launch of the new iPad earlier this year. It's not yet known whether the smaller device would have Long Term Evolution (LTE) capabilities, Retina Display, or if it would come in multiple models, à la the iPad 2 and the new iPad.
Apple could not be immediately reached for comment for this story. Neither AU Optronics nor LG has yet responded to TheStreet's request for comment.
Interested in more on Apple? See TheStreet Ratings' report card for this stock.
More from TheStreet.com
Copyright © 2014 Microsoft. All rights reserved.
Fundamental company data and historical chart data provided by Morningstar Inc. Real-time index quotes and delayed quotes supplied by Morningstar Inc. Quotes delayed by up to 15 minutes, except where indicated otherwise. Fund summary, fund performance and dividend data provided by Morningstar Inc. Analyst recommendations provided by Zacks Investment Research. StockScouter data provided by Verus Analytics. IPO data provided by Hoover's Inc. Index membership data provided by Morningstar Inc.
Start investing in technology companies with help from financial writers and experts who know the industry best. Learn what to look for in a technology company to make the right investment decisions.
MyMagic+, a $1 billion experiment in crowd control, data collection and wearable technology, could change the way people play -- and spend -- at the Magic Kingdom. But not everyone is singing its praises.
VIDEO ON MSN MONEY
MUST-SEE ON MSN
- Video: Easy DIY smoked meats at home
A charcuterie master shares his process for cold-smoking meat at home.
- Jetpacks about to go mainstream
- Weird things covered by home insurance
- Bing: 70 percent of adults report 'digital eye strain'