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SCHAUMBURG, IL -- In a surprise move today Sparton announced president and chief executive Cary B. Wood has resigned, effective immediately.

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TAIPEI – Foxconn plans to buy Sharp by the end of the month, chairman Terry Gou said, according to published reports.

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JASPER, IN – Kimball Electronics reported fiscal second quarter 2016 revenue ended Dec. 31 of $207.1 million, flat with the same period the previous year. Net income was $4.6 million, down 25.8% year-over-year.

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