OSAKA -- Japanese electronics maker Sharp has been reaping big gains from its strengthened ties with U.S. tech giant Apple, the key client of its liquid-crystal display panels.
Sharp's group net profit rose 290% to 53.2 billion yen ($487 million) in the 12 months to end-March, from a year ago. That growth is expected to continue, with the company forecasting a 43% expansion in net profit to 76 billion yen this fiscal year.
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