Apple's iPad 3 is expected to hit shops in March, touting a new high-definition display and a faster processor, and offering 4G capability.
Three sources close to the Cupertino, California-based company said that Apple's manufacturing partners in Asia are increasing production of the device this month and will reach full volumes by February, according to Bloomberg.
Two of the anonymous sources said that the next-generation tablet will come with a quad-core processor, which will greatly speed up applications. This will be a big improvement over the 1GHz dual-core processor employed in the iPad 2.
The iPad 3 should come with a better display that is capable of higher resolutions than the current model.
Another potential selling point is the device's ability to use Long Term Evolution (LTE) networks, which even the latest iPhone can't do. The iPad 2 offers a WiFi or WiFi and 3G model, so we can probably expect the 4G functionality to be on a more expensive version of the iPad 3.
Foxconn is manufacturing the device for Apple and is believed to be operating factories 24 hours a day to meet the numbers Apple wants. The device, like previous models, will likely sell like hotcakes.
Source: Bloomberg
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