Sharp gains $1.9 billion bailout but restructuring steps disappoint
Home/businessNews/ Sharp gains $1.9 billion bailout but restructuring steps disappoint
Sharp gains $1.9 billion bailout but restructuring steps disappoint
TOKYO (Reuters) – Japan’s Sharp Corp said it had secured a $1.9 billion bailout, its second major bank-led rescue in three years, after falling deep into the red as its smartphone display business was battered by competition from Asian rivals.