Explosion Rocks Foxconn iPad 2 Manufacturing Facility (NASDA

Financial News Network
May 20, 2011 AT 6:45 PM
Reports out of China confirm that a serious explosion has occurred at Foxconn's Chengdu manufacturing facility, one of the main producers of Apple's (NASDAQ:AAPL) iPad 2 in China. The strength of the explosion is said to have caused debris to fly from the building and a second explosion is feared. Citizens are being told to evacuate the area. There are reports of at least 7 injuries to workers, and at least 10 fire engines on scene. It is unclear at this time the extent of the damage done and how this will affect production of Apple's tablet. Stay tuned for further updates on this developing story.