Apple may begin producing the iPad 3 soon and manufacturers needed to assemble this tablet device are being chosen. Not surprisingly, the primary manufacturer is expected to be Foxconn, a long-time manufacturer of Apple devices. A recent explosion at Foxconn's Chengdu plant has impacted Foxconn's production rate and Apple is looking for a second manufacturer to meet the expected high demand. Both Pegatron and Quanta Computers are reportedly in the running to snag this second place spot. Taiwanese sources claim Pegatron is a better position to win the contract as it is supposedly manufacturing the iPhone 5 for Apple. The sources also claim the iPad 3 is slated to launch late in the third quarter or early in the fourth quarter.