Foxconn Faces Limited Impact From Chengdu Fire, Analysts Say

Foxconn Technology Group, maker of Apple Inc.’s iPhones and iPads, should have limited impact from an explosion at the Chengdu plant in southwest China’s Sichuan province, as the base isn’t a main site, analysts said.

Foxconn makes most of the iPhones and iPads at its base in Shenzhen, Guangdong province, Vincent Chen, head of Greater China technology research at Yuanta Securities Co., and Macquarie Group Ltd. analyst Daniel Chang said by phone from Taipei on May 21.