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For Japan's Electronics Behemoths, Dire Times Ahead

November 2, 2012
After years of bets gone wrong and lost opportunities, three of Japan's consumer electronics giants are showing some signs of faltering.

In the most dire warning, Sharp forecast on Thursday a 450 billion yen ($5.6 billion) full-year loss and warned that it had "material doubts" about its ability to survive.

On the same day, Panasonic's shares lost a fifth of their value in Tokyo after the company forecast a 765 billion yen ($9.6 billion) annual net loss from write-downs in its solar-power, battery and mobile handset businesses.



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