The 3G iPhone rumors are at their peak and with this, the Chinese newspaper Commercial Times, by way of DigiTimes, is citing inside sources that claim component maker Foxconn is ramping up 3G iPhone assembly. The first batch, which is expected to ship three million units this June, will be the beginning of some 24-25 million units which are expected to be created before the product reaches the end of its life span.

Stay tuned for further details as this story develops.

If you've heard anything on your end or have plans in mind for what you'll do first with a 3G iPhone, let us know in the comments or forums.