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Sharp sinks into red in FY08 on stock loss

OSAKA, Japan - Mikio Katayama (R), president of Sharp Corp., briefs reporters on the company's earnings report for fiscal 2008 at a news conference in Osaka on April 27.

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Toshiba sees FY08 operating loss of 280 bil. yen, 1st red ink in 7 yrs

TOKYO, Japan - Toshiba Corp. President Atsutoshi Nishida bows at the end of a press conference at the Tokyo Stock Exchange on Jan. 29. The struggling Japanese electronics giant said it will lay off 4,500 temporary workers in its loss-making semiconductor and liquid crystal display businesses and it expects to incur group net and operating losses of 280 billion yen each for fiscal 2008 through March, its first red-ink figures in seven years.

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Sharp sinks into red in FY08 on stock loss

OSAKA, Japan - Mikio Katayama (R), president of Sharp Corp., briefs reporters on the company's earnings report for fiscal 2008 at a news conference in Osaka on April 27. (Kyodo)