A teardown of the iPad Mini has revealed that the device, which Apple sells for $329, costs around $188 to build.
Conducted by IHS, the teardown found that the 16GB Wi-Fi model costs about $188 to build. The 32GB and 64GB models cost an additional $90 and $162 to create, respectively.
As well as the cost of the tablet's components, the teardown also revealed some of the device's component suppliers. Both LG Display and AU Optronics supplied Apple with the 7.9-inch touch-sensitive display components, costing around $80, which equates to about 43 percent of the device's total material cost.
IHS' teardown also confirms that South Korean chipmaker Hynix Semiconductor supplied the flash memory. Elsewhere, Japan's Elpida created the system memory, which costs Apple around $15.50.
Cirrus Logic provided the iPad Mini's audio chip, with STMicroelectronics manufacturing the accelerometer. However, it remains to be seen which company provides Apple with the tablet's camera.
Despite its rivalry, a recent teardown conducted by iFixit found that Samsung remains the manufacturer of Apple's A5 processor found in the iPad Mini.