SAN JOSE -- Jabil will temporarily shut down two factories in the Silicon Valley and furlough workers in response to weak business conditions.

RACINE, WI -- Foxconn is purchasing a 46,000 sq. ft. building here, where it will establish a new innovation center.

JASPER, IN -- Kimball Electronics has completed its purchase of Global Equipment Services and Manufacturing and related companies for $50 million plus assumed liabilities.

WASHINGTON — The 90-day moving average sales of semiconductors reached $40.16 billion in August, up 14.9% from 2017.