This kind of performance issue occurs on iPad Pro M2 specifically. The other devices such as iPhones( 14 pro max) don't have such problem. Basically, the bug happens when you open inventory, chest, furnaces and etc. For a brief moment after opening inventory the lag occurs making the game freeze for around 1 sec which results in frustrating experience ,especially when player try to build structures that involve constant use of inventory mechanic. 

link to video https://drive.google.com/file/d/1oKBJzPlXuRuOFGSw0OvaQgkGAjJk_Grd/view?usp=sharing