TAIPEI -- Hon Hai (Foxconn) will seek higher prices as it tries to offset rising wages in China, Reuters is reporting.

GLENVIEW, IL -- Illinois Tool Works' second-quarter profit rose 128% from a year ago to $420.8 million on a 20% jump in revenue to $4.08 billion.

SAN JOSE – North America-based manufacturers of semiconductor equipment posted a 90-day moving average of $1.68 billion in orders in June, up 10.5% sequentially.

FREMONT, CA -- Synnex has signed a definitive sale agreement to sell inventory and customers related to its contract assembly business to MiTAC International.