Preview at WWDC likely in June, followed by September launch.
'iPad Mini' Production Reportedly Underway in Brazil
According to my source, iPad mini was started production in Brazilian factory. I don't have information if it has been produced in Chinese factory, yet.Foxconn has been working to ramp up iPhone and iPad production in Brazil, negotiating with government officials there for tax breaks to help tap into the large workforce in the country and to help its partners such as Apple circumvent high import taxes on foreign-made goods in the world's fifth most-populous country.
Mockup of 7.85-inch "iPad mini" next to full-size iPad (courtesy of CiccareseDesign)
Mac Otakara's source indicates that the iPad mini units in production in Brazil lack a small hole near the top center of the device's rear shell, which some had speculated was for a microphone. That feature has appeared on cases and design drawings that have leaked over the past few months, as well as in the numerous physical mockups currently circulating.
Apple will reportedly be introducing the iPad mini at a media event scheduled for this month, with a source reporting to Fortune that Apple is rumored to be sending out invitations on October 10. Based on Apple's typical timelines, the media event would take place about one week later.