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Business
5:06 am
Thu November 1, 2012

Business News

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By editor

Originally published on Thu November 1, 2012 6:41 am

Japanese TV maker Sharp on Thursday doubled its expected net loss for the year to more than $5 billion. The company also raised concerns about its ability to survive on its own. The news comes a day after another Japanese tech giant, Panasonic, forecast a nearly $10 billion loss for the year.