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Sharp (SHCAY.PK) plans to cut over 10K jobs (18% of its workforce) as part of its restructuring...

Sharp (SHCAY.PK) plans to cut over 10K jobs (18% of its workforce) as part of its restructuring efforts, sources tell Bloomberg. The company also hopes to raise ¥67.6B ($869M) via asset sales that include the unloading of TV plants to Foxconn (HNHAF.PK) and the sale of U.S. solar plant developer Recurrent Energy. Foxconn is still talking with Sharp about an investment, and is reportedly forming plans to enter the TV market. Both companies could figure prominently in any Apple TV launch.
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