Apple’s much rumored “iPad mini” will reportedly utilize new touch panel technology that allows the device to be thinner than previous models while also managing to cut Apple’s costs, likely a necessity if the company aims to hit the rumored $200-$250 price point. Citing anonymous industry sources, Digitimes on Tuesday reported that the Cupertino, California-based technology giant has contracted Nitto Denko to supply touch panels that utilize “G/F2” thin-film technology. Nissha Printing and TPK Holding will reportedly build the touchscreens, which measure 7.85 inches diagonally. Digitimes adds that Apple is expected by its sources to ship between 7 million and 10 million iPad mini tablets in 2012. Earlier reports suggest that Apple’s new smaller iPad tablet will launch in October.

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