SAN FRANCISCO -- Bright Machines, a developer of software-driven automation processes, is being acquired by SCVX, a publicly traded special purpose acquisition company.

WASHINGTON – A group of US senators are expected to reveal a $52-billion five-year plan to boost US semiconductor chip production and research, according to reports.

TAIPEI -- Foxconn today said second-quarter revenue will increase 15% from a year ago, boosted by continued demand for personal computers and peripherals and new iPhones.

PENANG, MALAYSIA -- Emerging trends in global markets and product requirements have prompted electronics manufacturing services provider Escatec to acquire 100% of UK-based JJS Manufacturing in a private deal.