YANTAI, CHINA -- Foxconn this week claimed a fire on its Yantai PWB campus has not disrupted production.
However, a
Commercial Times report claimed the fire destroyed more than one-third of the Yantai plant's capacity, a reported monthly output of 2.6 million sq. ft.
A spokesman for
Hon Hai, Foxconn's parent company, said,
"Immediately after the fire, the unit made adjustments to accommodate
any possible production hiatus."
The spokesman added that "surplus
capacity remains a feature of the PCB industry," reported
XFN-Asia via the Comtex news service.
The spokesman said no one was hurt in the fire and damage is still being determined.
The
Commercial Times is reporting the fire damaged some 1 million sq. ft. of capacity, and it may take four months to return those lines to full capacity.