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iPad factory explosion costs Foxconn revenue

An explosion last month inside an electronic parts polishing workshop at the iPad plant in Chengdu, China, unfortunatelly had  fatal consequences for some employees: Three were left killed and at least fifteen injured. In addition to loss of lives, which cannot (and shouldn’t) be measured with money, the explosion has had tangible effects on the fortunes of Apple’s favorite contract manufacturer, writes DigiTimes this morning:

Foxconn (Hon Hai Precision Industry) had non-consolidated revenues of NT$200.561 billion (US$6.95 billion) for May dropping 2.14 percent on month due to the impact of an explosion at its plant in Chengdu City, western China, according to the company.

On May 20, the iPad plant went ablaze after the flammable aluminum dust had caused the explosion in Foxconn’s electronic parts polishing workshop. The facility went back online ten days ago.

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Foxconn’s boss Terry Gou has been under fire lately from SACOM, a Hong Kong-based labour organization, over working conditions at their latest  manufacturing facility and other company-owned factories. Operating in the damage control mode, Foxconn’s PR team has granted Bloomberg BusinessWeek and exclusive access to the company’s factories and Terry Gou, profiling him extensively in the piece entitled “The Man Who Makes Your iPhone”.

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