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Sharp weighing 1,000 new job cuts

OSAKA -- Under pressure to reduce costs after another year in the red, Sharp is considering eliminating about 1,000 more jobs ahead of its takeover by Taiwan's Hon Hai Precision Industry.

     Hon Hai Chairman Terry Gou has given assurances that his company will protect Japanese jobs at Sharp. But the Osaka-based electronics group's own hand is being forced by a deeper-than-expected earnings slump.

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