Foxconn expected to lower its offer

Sharp has warned that its annual earnings were likely to fall short of its official guidance citing a slowing China market just as Foxconn is expected to lower its offer for the loss-making Japanese display maker.

If your executives get done for fraud it is nice to have government help

The Japanese governmet has stepped in to help Toshiba rebuild its home electronics division and other operations by facilitating tie-ups with Sharp and others.