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TAIPEI -- Hon Hai Precision Industry will spin off its connector manufacturing business in an initial public offering worth at least $1.5 billion, according to published reports.

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PATHUMTANI, THAILAND -- SVI Public Co. will acquire an Austrian business, but the EMS company isn't disclosing any details, not even the company's name.

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ST. PETERSBURG, FL – Jabil Circuit reported first quarter fiscal year 2016 net revenue ended Nov. 30 of $5.2 billion, up 14% year-over-year.

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