Japan-backed fund considering investing in Sharp: Nikkei

A Japanese government-backed fund is considering investing in embattled Sharp Corp to take the initiative in reorganizing the electronics maker's operations, Nikkei business daily reported, without citing sources. The Innovation Network Corporation of Japan (INCJ) and Sharp had hired financial advisors to gauge Sharp's asset value and would hold direct talks on the size of any investment, it added. INCJ is also the top shareholder of Sharp rival Japan Display Inc, the world's largest maker of li