Sharp to seek Samsung edge for survival as Apple sales lose steam

By Reiji Murai TOKYO (Reuters) - Japanese display maker Sharp Corp, a supplier to Apple Inc, will aim to boost sales to the iPhone maker's chief rival Samsung Electronics Co under a three-year rehabilitation roadmap to secure its survival. The business plan, due for release on Tuesday, will lean further on banks that last year saved it from failure, as a 200 billion yen ($2 billion) convertible bond will fall due in September, three sources familiar with the plan told Reuters late last week. ...

via Tech News Headlines - Yahoo! News http://news.yahoo.com/sharp-seek-samsung-edge-survival-apple-sales-lose-061645851.html