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.

WAYZATA, MN – Nortech Systems reported first quarter net sales of $22.1 million, down 19.6% year-over-year.

VEJLE, DENMARK – Electronics manufacturer GPV reported first quarter revenue of DKK 741 million (US$120.3 million), up 9% year-over-year.

TOKYO – UMC Electronics reported fiscal third quarter net sales rose 1.7% to 39.2 million yen for the period ended Mar. 31.

TOKYO – UMC Electronics is closing production at its electronics manufacturing factory in Mexico and winding down its business operations in North America, a reaction to the slowing automotive market. The EMS company, annually ranked in the Top 20 in the CIRCUITS ASSEMBLY Top 50, said it began efforts to dissolve and liquidate the operations in Lagos de Moreno, Jalisco, in April. The target date for completion is September.

SINGAPORE – Venture Corp. reported first quarter revenue rose 2% over last year to S$686.7 million.

TOKYO – SIIX Corp. reported fiscal  fourth quarter revenue of 52.9 billion yen, down 2.4% year-over-year. For the quarter ended Mar. 31, Japan’s largest EMS company said operating profit rose 67% to 1.5 billion yen.

PATHUMTHANI, THAILAND – SVI Public Co. reported first quarter consolidated sales of THB 3.5 billion (US$114.7 million), up 7.7% year-over-year and down 6.4% sequentially.

SANTA CLARA, CA – Intel and QuTech – a collaboration between Delft University of Technology and the Netherlands Organization for Applied Scientific Research – published findings in quantum research to address the interconnect bottleneck that exists between quantum chips that sit in cryogenic dilution refrigerators and the complex room-temperature electronics that control the qubits.