• Kyodo, Bloomberg


Struggling electronics maker Sharp Corp. expects a group operating loss in the first half of fiscal 2015 as weak smartphone sales in China took their toll, company sources said Friday, a downgrade of its May projection for a ¥10 billion operating profit.

In a statement, the supplier of displays to Apple Inc. said it is now expecting its earnings to “sink below the initial projection due to a persistent harsh (business) environment, including a slowdown in the market for medium- and small-size liquid crystal display panels.”

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