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Sharp to Invest 1 B. Dollars in Softbank Vision Fund

Sharp to Invest 1 B. Dollars in Softbank Vision Fund

   Osaka, May 18 (Jiji Press)--Sharp Corp. <6753> said Thursday that it will invest up to one billion dollars in a global fund to be established by Japanese Internet giant Softbank Group Corp. <9984>.
   Sharp, which is now rebuilding its operations under Taiwan's Hon Hai Precision Industry Co., is shifting its focus from cost cuts to business expansion.

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AFP-JIJI PRESS NEWS JOURNAL


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