FoxConn,a major outsourcer for Apple,Hewlett-Packard and Sony,has suffered a tragic fire and explosion in Chengdu,China.Three workers were killed.All operations at that plant and similar plants were shut down.
Computers are assembled at the stricken facility.iPad and iPhone production may also be hindered by the blast in a dust duct there,which caused smoke to billow from the plant.
FoxConn is based in Taipei,Taiwan.It was plagued by a rash of worker suicides last year.
Elsewhere in Asia,Thailand's GDP growth has exceeded expectations.It grew 3.0% on the year.The growth is being attributed to very strong exports,as well as robust domestic demand.
Asian markets were lower today,Monday,on account of fears about European debt and a Chinese regulator's call for better risk management by banks.
Hong Kong saw a temperature of 73F under mostly cloudy skies,with thunderstorms in the forecast.
Apple(AAPL),Sony(SNY),Hewlett-Packard(HPQ)
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