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JASPER, IN -- Kimball International plans to spin off its electronics manufacturing services business unit under a separate stock listing. The unit will be named Kimball Electronics, and will result in shareholders owning two standalone publicly traded companies.

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CHENGDU, CHINAGoepel Electronic has opened a subsidiary here to provide customer service and support for existing test systems and help in installing and running new equipment.

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TOKYO -- Panasonic's cost-cutting will next hit its chip assembly unit as the company has a deal in place to sell three plants to United Test and Assembly Center, Reuters reported today. Panasonic is declining comment on the report, which claims a deal will be completed by early February.

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