ARMONK, NY -- GlobalFoundries has signed a definitive agreement to acquire IBM's money-losing commercial semiconductor technology business, along with $1.5 billion of Big Blue's cash, the companies announced today.

JUAREZ, MEXICO – AIM Solder has added on to its manufacturing facility here to accommodate expanding business in the region, the firm says.

ORADEA, ROMANIA -- Celestica plans to diversify into solar energy and automotive, a top company official in the country says.

BANGKOK – Fabrinet reported fiscal fourth-quarter revenue ended June 27 of $160.1 million, up less than 1% year-over-year. GAAP net income for the fourth quarter was $10.3 million, down 31.8% compared to the same period in 2013.