Ina Fried

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Explosion at Foxconn Plant Kills at Least Two, Rattles Apple Shares

Reports of an explosion at a Chinese manufacturing plant said to build iPads sent Apple shares lower on Friday.

The blast, at a Foxconn plant in Chengdu, China, killed two people and injured at least 16, according to the Wall Street Journal. Foxconn is a contract manufacturer that builds tech gear for a variety of companies, including Apple.

Chinese TV showed black smoke billowing from the plant, according to video posted on Chinese tech site MIC gadget.

An Apple representative was not immediately available for comment.

Shares of Apple were changing hands recently at $337.62, down $2.91, or 0.85 percent.

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Another gadget you don’t really need. Will not work once you get it home. New model out in 4 weeks. Battery life is too short to be of any use.

— From the fact sheet for a fake product entitled Useless Plasticbox 1.2 (an actual empty plastic box) placed in L.A.-area Best Buy stores by an artist called Plastic Jesus