According to analyst Ming-Chi Kuo, Apple is working on a new iPad Mini, scheduled to launch in late 2023 or early 2024.
TF International Securities analyst Ming-Chi Kuo tweeted that the new iPad Mini will keep the same design. but the specs will update a lot from the previous version
The previous model had an 8.3-inch display, an A15 Bionic chip, a USB-C port, Touch ID integrated into the power button, and a cellular model with 5G support. Pricing for the 64GB model starts at $499.
Kuo also said that the foldable iPad won’t replace the iPad mini until 2025, and the price will be much higher than the regular iPad mini. because it captures different groups of customers
Source https://www.macrumors.com/2022/12/27/kuo-new-ipad-mini-late-2023-or-early-2024/