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Sharp's losses reduced due to Hon Hai restructuring

07/29/2016 11:19 PM
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Taipei, July 29 (CNA) Japan's electronics giant Sharp Corp. witnessed its losses for the April-June quarter shrink significantly from a year earlier, due to aggressive business restructuring after Taiwan-based Hon Hai Precision Industry Co. (鴻海) invested in and began efforts to turn around the financially ailing Japanese company.


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