According to reports on Twitter and Reddit one of their biggest plants in Baoan China has just had a has been exhibiting a huge fire. on Twitter and Reddit one of their biggest plants in Baoan China has just had a has been exhibiting a huge fire.
The Baoan factory is a big manufacturing center for MSI and. MSI just released a statement about the fire from yesterday, it seems well under control, Google translated from Chinese:
A fire accident occurred in XMSI’s Bao’an factory in Shenzhen in the afternoon of November 05
Latest Update: Mon, 09 November 2020A fire accident occurred in MSI Baoan factory in Shenzhen on November 5th afternoon. MSI activated its emergency measures and notified the fire department to deal with it immediately. No injuries were caused and the production line was not damaged. In the future, MSI will continue to strengthen the education and training of personnel. At present, all units are operating normally. Thank you for your concern.
Bloomberg writes that MSI mainly manufactures PCBs at a factory. This would include laptops, motherboards, servers, video cards and vehicle electronics. Since it appears to be a large factory, there is a chance that it will affect the stock of the various products.
