Foxconn, the Chinese manufacturer who pays 50 cents / hr for the workers to manufacturer these devices. They are also treated as slaves. Ya can't expect good build quality from the Chinese factories...
Unfortunately it's like that with almost all electronics today as they are all taken over by the Chinese. World is coming to an end, seriously.
The best ones are built in the 90's~ early 00', especially from Japan. They are the Gods.
Rule #1: Don't buy any electronics, well, except for maybe a laptop or desktop PC for something you have to for work.
You gotta keep in mind, that the iPad 3 tech is worse than the 1950's CRT TV.... it's more like closer to the 1800's tech, you know, during Civil War?
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You are wrong. The failure rate on these iPad 3 devices is at 100%. Of course, Apple isn't the only one. The people that claim theirs are perfect is not perfect.