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Business

Companies named in state-funded bailout look for plan B

TOKYO/OSAKA -- As Japanese electronics maker Sharp leans toward a deal with Taiwan's Hon Hai Precision Industry, companies that were part of a domestically focused rehabilitation proposal are looking for alternatives should their plans unravel.

     The government-backed Innovation Network Corp. of Japan had planned to join Sharp's liquid crystal display unit with Japan Display. It also aimed to join Sharp's white goods and point-of-sale units with Toshiba, and the solar power business with Showa Shell Sekiyu.

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