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Foxconn sees financial drop after plant explosion

Foxconn saw a large drop in revenue after the explosion at its Chendgu plant last month, according to Digitimes. Foxconn's May revenues dropped 2.14 percent month-over-month to US$6.95 billion. The revenue fall off was a direct result of the explosion, according to the company. The explosion that killed three workers on the 20th of May is thought to have been set off when aluminum dust used in a polishing process was accidentally ignited.

Just hours after the explosion, Apple issued a statement saying it was working closely with Foxconn to find out what caused the event. The plant closed for almost two weeks after the explosion before reopening on June 2. There has been no word yet on the official results of Apple's or Foxconn's investigations, but the Chinese government has urged Foxconn to ensure worker safety in light of the tragedy.



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Foxconn saw a large drop in revenue after the explosion at its Chendgu plant last month, according to Digitimes. Foxconn's May...