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Corporate

World news about “Corporate” published by euronews.

12/05 13:46 CET

Sharp’s losses widen, underscoring Foxconn’s turnaround challenge

Sharp’s losses widen, underscoring Foxconn’s turnaround challenge

Japanese electronics maker Sharp has reported a huge net loss for the second year running. That was because of slumping prices for display screens and slower sales of iPhones for which it supplies components to Apple. The company reported a net loss of 256 billion yen (two…