Apple supplier Foxlink says working to resume prod | Tech News

Apple supplier Foxlink says working to resume prod

The factory is located in the Chittoor district of India's Andhra Pradesh state and is unlikely to resume full operations for two months.

By:REUTERS
| Updated on: Mar 02 2023, 10:33 IST
Women’s Day Gift Ideas: iPhone 13, AirPods Pro, Samsung Galaxy Watch 4, more
Apple
1/6 iPhone 13: After the launch of the iPhone 14 series, iPhone 13 is now more affordable than ever. What does it offer? The power of A15 Bionic chipset, dual 12MP camera performance, and long battery life. It is currently priced at Rs. 61999 on Amazon and Flipkart.  (HT Tech)
image caption
2/6 Apple AirPods Pro: It is a great tech gift option this International Women's Day. Apple also offers an engraving option, which gives these AirPods a personalized touch. It is available on Amazon for Rs. 26900. (HT Tech)
Apple
3/6 Samsung Galaxy Watch 4: A smartwatch is a great gift for women who are always on the go. The Samsung Galaxy Watch 4 offers amazing features, including a period tracker and continuous SPO2 sleep measures, and a lot more. It is priced at Rs. 34999. (Amazon)
image caption
4/6 PLAYFIT SLIM2C: Looking for an affordable smartwatch? Check this PLAYFIT SLIM2C priced at just Rs. 3999. It comes as a Bluetooth-based CALLING smartwatch with a 1.3-inch circular dial with 500 nits brightness.  (www.theworldofplay.com)
image caption
5/6 Fujifilm Instax Mini 9 Instant Camera: It can help you capture your loved ones’ happy moments in more detail. Use a close-up lens at a distance of 35–50 cm to produce a perfect shot. It is priced at Rs. 7696.  (Fujifilm)
image caption
6/6 Samsung Galaxy S22: The list doesn't end here! If you are looking for an Android flagship smartphone, then Samsung's last year flagship is now available at just Rs. 52989 on Flipkart. It is powered by a Snapdragon 8 Gen 1 chipset and features a 50MP+10MP+12MP camera setup. (HT Tech)
Apple
icon View all Images
Foxlink was engulfed in a massive fire on Monday that led part of the building to collapse, but there were no casualties. (AP)

Taiwanese Apple Inc supplier Foxlink said on Wednesday it is working hard to resume production following a fire at a plant in southern India that halted operations at the maker of iPhone charging cables, sending its stock price down.

The factory is located in the Chittoor district of India's Andhra Pradesh state and is unlikely to resume full operations for two months, raising supply chain concerns for the U.S. tech giant, Reuters reported this week.

Foxlink was engulfed in a massive fire on Monday that led part of the building to collapse, but there were no casualties.

Foxlink, in a statement to the Taiwan stock exchange, said it is investigating the cause of the fire and "working hard to resume production".

In an earlier statement late on Tuesday, the company said that the site had been blocked off by the fire department and that four production lines were known to be damaged.

As the plant, equipment and inventory are covered by insurance, the fire has not yet had a significant impact on the company's finances and business, it added.

The company will coordinate with customers and suppliers to "discuss solutions for the production capacity affected before resuming work".

It did not elaborate.

A government official told Reuters that much of the fire safety equipment at the facility was not functional.

The company's stock closed down 2.3% on Wednesday, compared to a 0.6% rise for the broader market.

The stock did not trade on Monday and Tuesday due to a holiday in Taiwan.

Catch all the Latest Tech News, Mobile News, Laptop News, Gaming news, Wearables News , How To News, also keep up with us on Whatsapp channel,Twitter, Facebook, Google News, and Instagram. For our latest videos, subscribe to our YouTube channel.

First Published Date: 02 Mar, 10:27 IST
Tags:
NEXT ARTICLE BEGINS