Even though Apple is attempting to cut most of its ties with its rival, Samsung Electronics, the two still have contracts that need to be honored, involving the iPad 4.
The A6X chip included in the new tablet is actually manufactured by Samsung, even though Apple designed it. Samsung apparently used the 32nm technology it used to manufacture its very own Exynos 5 chip to create Apple's A6X.
Apple and Samsung are currently entangled in legal battles throughout the world. Some of these have resulted in bans of each company's products in specific countries. Samsung has created components for Apple's devices for quite some time, but the two have had many issues over patents in recent years.
Apple's display for the new iPad Mini was not made by Samsung, but LG and AU instead.
Apple began accepting pre-orders for the fourth generation iPad last Friday.
In addition to the beefed up A6X chip, the device also features a new Lightning port at the bottom, making the tablet a lot faster and bringing it up to speed with the recently released iPhone 5.
Apple also promises that Wi-Fi capabilities on the new iPad will be twice as fast as the previous model.
The unveiling of the new iPad model shocked many as Apple decided to drop it in the public's lap just seven months after the release of the previous version.
The 4th generation iPad will take the place of the current model and start at $499 for the 16GB Wi-Fi model.
Apple also introduced the new 7.9-inch iPad Mini recently. This tablet is basically the iPad 2 shrunken down.
Other specs on the device include a 1024 x 768 display, A5 chipset, front Facetime camera, rear 5-megapixel camera, Lightning connector, and a battery capable of lasting up to 10 hours. The major difference between the iPad 2 and Mini model other than size is that the Mini is available with LTE connectivity.