When explosion rocked Foxconn Technology Co. Ltd plant in Chengdu, China, few days ago, killing 3 people, injuring 15 people, and destabilizing operations, a threat to more than 500,000 Apple iPad2 production was born. Market research firm, IHS iSuppli, believes that the blast could disrupt the inventory of iPad2 in coming months. The company estimates that 500,000 units are made there per month, so any stoppage of work for a month could take about that much out of the global inventory of iPad2.
There has been conflicting analyses about the impact of the blast. Terry Gou, Foxconn chairman, noted that the explosion will not delay the production of the iPad in Q3. Most analysts have noted that the company can shift its production to another plant. However, this has to be carefully measured since most other plants are already on full capacity to accommodate more iPad2 units.
Irrespective of what the analysts and what the company says, now is the time to get your copy as this product could become scarce, in coming months.
Tekedia Mini-MBA edition 16 (Feb 10 – May 3, 2025) opens registrations; register today for early bird discounts.
Tekedia AI in Business Masterclass opens registrations here.
Join Tekedia Capital Syndicate and invest in Africa’s finest startups here.