“Hon Hai Precision Industry Co., contract producer of electronics for Apple Inc. and other brands, said its polishing workshops in China resumed operations this week as the company investigates a combustible-dust explosion that killed three workers and injured 15 last month,” Loretta Chao reports for The Wall Street Journal.
“In a written statement Thursday, Hon Hai spokesman Louis Woo said the company has made a number of improvements in its workshops because the blast ‘was likely due to an explosion of aluminum dust in a ventilation duct,'” Chao reports. “Hon Hai, which makes Apple iPads and other products and is the world’s biggest contract electronics manufacturer by revenue, had closed the workshops amid the investigation into the blast. The workshops handle polishing for electronic parts and products.”
Chao reports, “The investigation into the explosion continues, Mr. Woo said. He added that Hon Hai, which uses the trade name Foxconn, is prepared to take additional measures if other safety enhancements are deemed necessary.”
Read more in the full article here.
[Thanks to MacDailyNews Reader “Brawndo Drinker” for the heads up.]
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weintraub the google shill is carrying the story emphasizing hat this would cost a third of iPad production in the Q.
A two week stoppage causing a months production from a unit that was producing a third of iPad production.
In analyst math, 2/12 x 1/3 = 1/3 (when you are shorting AAPL).