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ENGLEWOOD, CO – With emerging virtual reality games, smartwatches, smart TVs and other consumer electronics and IT applications entering the market, shipments of gesture sensing control user interfaces are poised to grow 10% year-over-year, to reach 1.8 billion units in 2015, says IHS.

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MUMBAI -- Foxconn on Saturday signed a deal to invest a reported $5 billion over five years on a new electronics manufacturing facility in the western Indian state of Maharashtra.

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MANILA -- EMS firm Ionics will add a subsidiary to sell electronic equipment or parts, it was reported today.

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SIEVI, FINLAND -- Scanfil reported June quarter sales of 52.8 million euros ($57.8 million), down 12.9% from a year ago.

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LEESBURG, VA – EIT is relocating its Northern Virginia operations here.

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JASPER, IN -- Kimball Electronics said fiscal fourth-quarter net sales increased 1% from the prior year as the loss of a major customer was reflected in the topline results.

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