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LONDON -- The new Apple iPhone 8 Plus, equipped with 64GB of NAND flash memory, carries a bill of materials cost that comes to $288.08, higher than any previous versions of the company’s smartphones, according to a preliminary estimate from IHS Markit.

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BANGKOK -- Fabrinet today announced Seamus Grady has been appointed chief executive, superseding Tom Mitchell, who has been CEO since he founded the company in 2000.

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WASHINGTON – The US Department of Justice has requested additional information from Ultra Electronics Holdings and Sparton in connection with Ultra's pending acquisition of Sparton, according to published reports.

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