photo from MIC Gadget
3 people were killed and as many as 15 injured last week at an explosion at a new Foxconn plant in Chengdu, China. Foxconn manufactures the iPad 2 and iPhone for Apple. Some had suspected there might be delays in producing new iPad 2s and possibly even with the next version of the iPhone, but reports are now suggesting there will be no delays.
From China Times:
Sources said the explosion at Foxconn Technology Groups Chengdu plant did not affect the assembly line of iPad. Foxconn assured major suppliers at an online meeting yesterday that under the principle of orders placed and goods delivered as usual, the production of iPad 2 would not be delayed and related iPhone devices and new iPad products would still be in mass production in the third quarter.
UBS Investment Research analyst Maynard Um reported in a note to investors that this particular Foxconn plant is considered a secondary location for iPad 2 production. Less than 20 percent of all iPads produced come from the Chengdu plant.
Um noted:
Although the issue is unlikely to help supply issues to meet strong global demand, we see this issue as temporary and note there are few companies in our coverage that have as strong an end demand picture.
An investigation is currently underway to determine the cause of the accident. Foul play was not involved according to the Chengdu Municipal government.
More pictures, videos and commentary on the incident can be found at micgadget.com.
iPad News Via: appleinsider.com
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