Sharp Is Seen Seeking Bailout After Record Loss Forecast - Bloomberg
Sharp hemorrhaged 103 billion yen in cash
from operations in the first half of the year as Japan’s electronics
industry struggles with dwindling demand and competition from Samsung Electronics Co. (005930)
A bailout may follow the precedent set by the government rescue of
Japan Airlines Corp. two years ago that wiped out shareholders while
keeping planes in the air.
The Forces of Deflation are strong..
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