Sharp Poised to Miss First-Half Forecast, Cut 2016 TargetBy
Worsening earnings adds to pressure for sale of LCD business
Need for quick deal said to favor Hon Hai as buyer of LCDs
Sharp Corp. will miss its first-half profit forecast and is poised to lower its target for the full year as rising competition among suppliers of liquid-crystal displays pushes down prices, a person familiar with the matter said. Its shares fell the most in more than four months.
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