The following appears on asia.nikkei.com
Sharp doubles M&A budget to sell more printers abroad
Company to buy others’ sales networks for quick expansion
OSAKA — Sharp plans to expand its overseas sales network for printers by doubling funds to acquire vendors.
Lagging behind Canon and Fuji Xerox in a saturated market for multifunction printers, the electronics maker has adopted a strategy of purchasing others’ sales channels rather than develop them on its own.
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