Foxconn Cuts Outlook, Quarantines IPhone Base

Before the coronavirus outbreak, Foxconn aimed for a 3-5% growth. However, due to the virus, the outlook was cut by 2%, equating to a week's revenue. Despite this, high shares remained stable. Foxconn's Chinese facilities, including the iPhone city in Kenzo, will implement quarantine measures for returning workers, affecting operations until February 10th.

What was the initial growth outlook for Foxconn before the coronavirus outbreak?

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How much did Foxconn cut its outlook by, according to the report?

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What impact did the coronavirus have on Foxconn's share prices according to the analysts?

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What measures are being implemented by Foxconn in response to the coronavirus?

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What is the estimated duration of the quarantine for workers returning to the iPhone city?

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