An employee carries a stack of Apple iPad Air tablets inside the Apple Store on New York's fifth avenue. Reuters

Apple Inc.’s (NASDAQ:AAPL) next-generation iPad, dubbed the iPad Air 2, could get a memory upgrade, increasing its RAM to 2GB from the 1GB found in the existing version of the device, a new report said Wednesday.

According to the report from Taiwan’s TechNews, only the new iPad Air will get the increased RAM while the second-generation Retina iPad mini is expected to continue featuring 1GB RAM. Apple, which has been offering 1GB RAM since the introduction of its third-generation iPad, is foreseen by many to introduce an enhanced RAM in its flagship tablet lineup.

In addition, the upcoming iOS 8 will have certain features that could require the iPad Air 2 to have more RAM for a smoother user experience. For example, the new iPad Air is rumored to feature split-screen multitasking capability, which will allow users to run two apps simultaneously. An increased RAM, along with a faster A8 processor, is expected to help the new iPad better perform its tasks, MacRumors reported.

The TechNews report also talked about Apple’s rumored smart watch, presumably called the “iWatch,” suggesting that the device could have 512MB of internal memory capacity and 8GB of storage.

According to recent rumors, Apple is expected to hold an event in October to unveil the iWatch. However, the device is not likely to ship until late 2014 or early 2015. The iPad Air 2 and the second-generation Retina iPad mini are also likely to be unveiled at the October event.

Last week, Bloomberg reported that Apple’s suppliers have begun manufacturing new iPads in an attempt to revive sales of the devices after two consecutive quarters of declines.

The report also said that the full-sized iPad with a 9.7-inch screen could be launched at the end of this quarter or early next quarter while the new version of the 7.9-inch iPad mini could be released by the end of the year.