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The sharp end

Another reckoning looms for Sharp

Quentin Webb 

Quentin Webb Sharp is due another reckoning. The embattled Japanese electronics firm has already received two bank bailouts since 2012. A third, more radical overhaul now looks likely - perhaps via the state-backed Innovation Network Corp of Japan. If credit markets are right, there should be little value left for shareholders. Sharp's most recent quarterly results, published on October 30, underlined the group's continuing challenges, especially in its core liquid crystal display business, which makes screens for smartphones, tablets and televisions. Overall operating profit crashed 86 per cent ...

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First Published: Wed, December 02 2015. 21:15 IST