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WASHINGTON -- Apple's chief executive on Tuesday told a US Senate Committee that the company plans to invest $100 million in new computer manufacturing facilities in the US. The remarks were consistent with Tim Cook's pronouncements last December.

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SIOUX FALLS, SDRaven Industries reported fiscal first-quarter sales at its Applied Technology unit were $51.2 million, down 4.7% year-over-year.

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NANJING, CHINA -- Foxconn will reportedly invest some $210 million for additional production capacity in Huai'an City, Jiangsu province, according to reports.

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