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RUMOR: Apple to significantly step up iPad production in China

Apple Online StoreApple is “stepping on the iPad gas,” Philip Elmer-DeWitt reports for Fortune.

DigiTimes “reported Tuesday that Apple (AAPL) has stepped up production of the iPad in China,” P.E.D. reports. “According to unnamed ‘sources from upstream component makers’ Foxconn has started mass-producing iPads at a new plant in Chengdu, China.”

P.E.D. reports, “Currently the new plant can only turn out a maximum 10,000 units per day, according to DigiTimes, but its sources say Foxconn has plans to set up about 50 iPad production lines in Chengdu with an annual maximum capacity of 40 million units.”

Full article here.

[Thanks to MacDailyNews Readers “iWill” and “JES42” for the heads up.]

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