Thu, Mar 07, 2013 - Page 15 News List

Samsung throws Sharp ¥10.4bn lifeline

MIXED BLESSING:The cash injection will not solve all of Sharp’s woes, but will provide breathing space; good news for investors, but seen by many as a loss of face

Bloomberg and AFP, TOKYO

“Investors are expecting that Samsung’s significant sales force would contribute to Sharp plants’ operation rates, as demand from Apple [Inc] is declining,” he said.

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