Apple iPad 2 availability is comfirmed by Economic Daily News (Taiwan Major newspaper). It said that a number of Taiwanese vendors have won the contract to manufacture the long anticipated iPad 2, including Chimei Innolux (for its 7-inch LCD panel), AU Optronics (for its capacitive touch sensitive display layer), Foxconn (Hon Hai – manufacturer to assembly the end product), and Compal (a famous e-book and tablet PC maker in Taiwan).

1- iPad 2 will use smaller panel at diagonal 7-inch as compared to 9.7-inch for current iPad.
2- iPad 2 Weight: 1.1 pounds (versus 1.5 pounds for existing model)
3- iPad 2 is powered with ARM Cortex-A9 processor (current version is based on Cortex-A8 architecture).
4- Equipped with 512MB memory RAM
5- Storage capacity of iPad 2 will be vary in size and models.