industrial automation

New Business

SoftBank strikes deal to acquire ABB’s robotics business for US$5.4 billion

The deal marks a major push by SoftBank founder and CEO Masayoshi Son into robotics, as he expands investment activity…

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New Business

US chipmaker Texas Instruments’ forecast signals semiconductor slump is persisting

US semiconductor giant Texas Instruments gave a disappointing earnings forecast for the current period, hurt by still-sluggish chip demand and…

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