Sharp first quarter loss shrinks on cost cuts, but revenue plunges by a third

By Tim Kelly TOKYO (Reuters) - Japanese electronics maker Sharp Corp reported a smaller first-quarter loss helped by restructuring and cost cuts, although revenue shrank by a third as demand for its products slumped. The ailing company, which is due to be acquired by Taiwan's Foxconn, said it was hit by a drop-off in demand for smartphone camera modules, TV and tablet displays and by a decline in Chinese demand for consumer electronics. The company has not released an earning forecast for the cu