Electronics giant Sharp continues to woo Taiwan's Hon Hai
Sharp is one of the biggest names in consumer electronics but it is in desperate need of a cash injection.
The company has already had its debt downgraded to junk bond status, and its shares have tumbled.
This has complicated its efforts to sell a stake in itself to Taiwanese electronics giant Hon Hai.
Sharp's chief executive Okuda Takashi is reportedly considering visiting Taiwan to try to close the deal.
Nitin Soni, from Fitch Ratings told the BBC's Asia Business Report the two companies need each other.
Most watched/listened
-
Video of Woolwich suspect in 2007
-
Burning US railroad bridge collapses
-
Woman confronts Woolwich attacker
-
Obama heckled over Guantanamo Bay
-
One-minute World News
-
Joseph Nye: Too much use of drones
-
New cruise route to North Korea
-
US showman's unbelievable oddballs
-
Oklahoma: Frantic search for boy
-
Meet the ‘Queen of North Shields’
-
Attackers known to security services
-
Mapping US Ethnicity
-
Who was Woolwich soldier Lee Rigby?
-
Journey into an Icelandic volcano
-
Africa Beats: Afrikaans rapper Jaak
~RS~q~RS~~RS~z~RS~14~RS~)
