Explosion rocks iPad 2 production

An explosion at the Foxconn Technology Group factory in Chengdu, China, which produces the iPad 2 has killed two people, injured 16 and stopped production, according to Reuters.

Foxconn said in a statement the explosion happened at about 3pm UAE time on 20^th May.

"Production has been suspended at the site of the explosion until the completion of the investigation," Foxconn said in a statement.

"The safety of our employees is our highest priority and we will do whatever is required to determine and address the cause of this tragic accident."

According to Reuters, Hon Hai spokesman Edmund Ding said the company is still evaluating losses.

The explosion may affect the supply of iPad 2s and Apple shares closed down 1.56% at $335.22 on the Nasdaq.

"We are deeply saddened by the tragedy at the Foxconn plant in Chengdu and our hearts go out to the victims and their families," said Steve Dowling, Apple spokesman. "We are working closely with Foxconn to understand what caused this terrible event."