Kuo tweeted: "I'm positive about the foldable iPad in 2024 and expect this new model will boost shipments and improve the product mix."

"My latest survey indicates that the foldable iPad will feature a carbon fibre kickstand. Carbon fibre material will make the kickstand lighter and more durable."

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He also predicted that iPad shipments will have a year-on-year (YoY) decline of 10-15 per cent.

Moreover, Kuo said that the iPhone maker might not release any new iPad in the next 9-12 months because "the iPad mini refresh is more likely to begin mass production" in the first quarter of next year.

Meanwhile, in October last year, it was reported that the tech giant might launch its first foldable iPad rather than iPhone in 2024.

It was also earlier reported that Apple will reportedly bring support for Wi-Fi 6E network to only iPhone 15 Pro models. Currently, Wi-Fi 6E has already been added to some of the iPhone maker's product lineup, but it is limited to the latest iPad Pro, Mac mini and MacBook Pro models.

The Wi-Fi 6E standard enables devices to connect to routers and modems that support it, however it is a more recent technology and is not yet widely used.

As compared to Wi-Fi 6, Wi-Fi 6E gives more bandwidth, providing faster connectivity speeds, lower latency and increased capacity, the report said.

Also Read: 219 tech firms have sacked over 68,000 employees in January till now: Data

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