“Sharp, whose displays are used in Apple Inc’s iPads and iPhones, has foundered as the strong yen has increased its manufacturing costs in the face of competition from foreign rivals such as Samsung Electronics Co. ,” Murai reports. “Sharp has been in talks for months with Taiwan’s Hon Hai Precision Industry Co Ltd, which is considering becoming the century-old Japanese firm’s biggest shareholder, but has said it is looking at other alliances as well.”
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