Pegatron CEO Jason Cheng said that the iPad mini revenue dip was "more on demand, while price has been stable.”
On Wednesday AppleInsider reported that Pegatron, which also makes components for the iPhone 4S and other products, forecast its largest consumer electronics revenue drop in six quarters.
The news comes after Laird, another iPad supplier of shielding and heat control, said earlier this month that demand from its largest customer dropped 17%. Observers believe Laird’s largest customer is Apple.
The iPad mini is Apple’s lowest cost tablet at $329, still higher than low end Android competitors that offer models at $199 and less.
Apple is believed to planning to release a new model of the iPad mini with Retina display, the so-called iPad mini 2, this September.