CarUX Holding Limited (hereinafter referred to as "CarUX") and Pioneer Corporation (hereinafter referred to as "Pioneer") jointly held an international press conference in Tokyo, Japan today (4th). The two companies announced their joint efforts to promote innovation and development in the smart mobility industry and jointly move towards a new milestone. At today's press conference, CarUX Chairman Hung Chin-Yang and Pioneer President Shiro Yahara jointly attended and shared CarUX Group's future global operating strategy, resource synergy advantages and vision.
CarUX Chairman Hung Chin-Yang stated, "This integration not only demonstrates the strategic synergy between CarUX and Pioneer, but also represents a handover of trust between two leading manufacturers, showcasing their commitment to deep cooperation. CarUX possesses Tier 1 supply chain experience and flexible process integration capabilities, dedicated to providing innovative smart cockpit solutions; while Pioneer, as one of the world's leading automotive electronics manufacturers, has cultivated deep expertise in automotive audio, multimedia systems, and human-machine interface (HMI) software development for many years, possessing profound automotive craftsmanship. We believe that under our shared vision, the new team will continue to deepen collaboration across customer, product technology, and manufacturing levels to meet the increasingly diverse and evolving needs of global automakers and consumers, striving to create a complete smart cockpit integration platform. CarUX looks forward to working hand in hand with Pioneer and its partners to jointly drive innovation in the global smart mobility industry and usher in a new milestone in industry development."
Pioneer President Shiro Yahara stated, "Following private equity investment in 2019, Pioneer adjusted its management structure and implemented organizational reforms. Furthermore, in 2021, we successfully completed our revitalization plan, enhancing Pioneer's profitability and achieving operating profit for six consecutive quarters. Since its inception, Pioneer has leveraged its long-standing strengths in sound quality to actively expand into new OEM businesses, broaden its global customer base, and drive global growth through R&D centers in India and Germany. Pioneer's careful internal evaluation has led to its joining the CarUX Group, reflecting our belief in creating synergies through leveraging our respective strengths and working together to achieve a new vision."
Looking ahead, CarUX and Pioneer will continue to deepen their global automotive market presence, aiming to establish a more influential and leading position in areas such as the integration of vision, sound, and human-machine interaction in smart cockpit systems. Simultaneously, they will accelerate the commercialization of their global smart cockpit solutions and continuously improve the smart mobility ecosystem, bringing more forward-looking new mobility experiences to the global market.
