Diminished Giants

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TOKYO (Nikkei)--Panasonic Corp.'s (6752) decision to end its plasma TV business was apparently not enough to impress investors about the future of the beleaguered electronics giant.

TOKYO (Nikkei)--Renesas Electronics Corp. (6723) has received a 150 billion yen injection of capital that puts the money-losing chipmaker under majority ownership of a public-private innovation fund.

TOKYO (Nikkei)--Sharp Corp. (6753) will raise nearly 170 billion yen through a new share offering in October, the latest step in the company's effort to recover from its disastrous investment in the LCD panel business.

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