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Factory fire at Apple supplier causes $12 million damage

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A major fire broke out at an assembly facility of Foxlink Group, which makes cables for Apple Inc.'s iPhone chargers, in Andhra Pradesh, India, on Feb. 27, causing an estimated 1 billion Indian rupees ($12 million) worth of damage, Reuters reported. The fire caused a part of the building to collapse and damaged about 50% of the machinery at the factory. Foxlink, a unit of Taiwan-based Cheng Uei Precision Industry Co. Ltd., set up the factory in 2020.

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