Temporary power outage at Foxconn plant in China could impact iPad assembly: top analyst
gece33/iStock Unreleased via Getty Images

A temporary power outage at a Foxconn (OTCPK:FXCOF) plant in China's Sichuan province due to the area's worst heatwave in 60 years could impact assembly of Apple's (NASDAQ:AAPL) iPad, according to a top analyst.
TF International Securities analyst Ming-Chi Kuo tweeted on Monday that the outage, which has also impacted producers of lithium, fertilizers and other metals, according to Reuters, the impact should be "limited" if the power outage ends on August 20.
In a statement to Reuters, Foxconn (OTCPK:FXCOF) confirmed that its operations were affected by the outage, but added âat present, the impact is not big."
Kuo added that flexible production from iPad assemblers should also help "lower the impact" of the outages.
"However, need to pay attention to whether similar incidents will occur again in the next few months and affect Apple's new product shipments during the peak season," Kuo wrote.
Apple (AAPL) is expected to unveil new iPad models in the fall. In March, the tech giant announced a new iPad Pro with the company's M1 chip. 
Last week, it was reported that Apple (AAPL) had told its suppliers to make at least 90M of its newest iPhones this year, which would be in line with 2021's production levels when the iPhone 13 was introduced.