March 28 (Reuters) - Apple's AAPL.O overseas suppliers

have increased production of the company's new iPad models and

plans to launch them in early May, Bloomberg News reported on

Thursday citing people with knowledge of the matter.

    Apple's initial plan was to launch the new iPads by late

March or early April, but it is still working to finish the

software for the devices, the report added.    

    The new iPad Pro models will have Apple's latest M3 chip and

will come with redesigned versions of the Magic Keyboard and

Apple Pencil, the report said.

    This update would represent Apple's first overhaul to that

lineup since 2018.

    The iPad Air will get a new processor, and the 12.9-screen

size, according to the report.

    Apple did not immediately respond to a Reuters request for

comment.

    The iPhone maker had said on Tuesday it will hold its

Worldwide Developers Conference (WWDC) from June 10 to June 14

amid reports it was in talks for an AI partnership and could

unveil significant changes to the iOS.

(Reporting by Jaspreet Singh in Bengaluru; Editing by Krishna

Chandra Eluri)

((Jaspreet.Singh@thomsonreuters.com; https://twitter.com/i_jass;))