Fire at Apple Data Cable Supplier's Factory in India Causes $12 Million in Damages and Production Suspension

Yesterday, it was reported that a fire broke out at Foxlink's factory in India, which supplies data cables to Apple. The fire caused damage to nearly half of the machines inside, with losses exceeding $12 million, but fortunately, there were no casualties. Foxlink has confirmed the incident and stated that the losses are yet to be determined, but the plant and equipment are insured. The fire incident has resulted in the suspension of production at its assembly plant in Andhra Pradesh, India, which produces data cables for the iPhone and employs 400 staff. It is currently unclear when operations will resume.

This incident may impact the supply chain of iPhone data cables, which may cause delays in production and delivery. It is essential to monitor the situation closely and stay in communication with the relevant suppliers to understand the impact on the supply chain. Additionally, this incident highlights the importance of having insurance coverage for the equipment and facilities in case of unforeseen events.