Sharp executive says not considering selling display business

A senior Sharp Corp executive said the Japanese company was not considering a sale of its ailing display business, after it warned it will likely book its third annual net loss in four years due to weak demand from Chinese smartphone makers. Sharp announced last week that it expects to book a net loss of 30 billion yen (£166 million) this fiscal year through March compared with a previous forecast of a 30 billion net profit, prompting speculation it may need to reconsider its strategy including