CarUX Holding Limited (“CarUX”) and Pioneer Corporation (“Pioneer”) held a joint international press conference in Tokyo, Japan, today (4), officially announcing their partnership to drive innovation and development in the smart mobility industry. The event was attended by Mr. Jim Hung, Chairman of CarUX and Mr. Shiro Yahara, President and CEO of Pioneer Corporation, who outlined the CarUX groups’ global strategies, synergistic strengths, and shared vision for the future.

　　Hung said, “ This collaboration not only affirms the strategic alignment between CarUX and Pioneer, but also signifies a meaningful transfer of trust between two industry leaders, underscoring their shared vision and commitment to a deeper partnership. With successful Tier1 supply chain experience, CarUX offers flexible and integrated manufacturing capabilities dedicated to innovative smart cockpit solutions. Pioneer, a global leader in automotive electronics, brings decades of expertise in automotive sound, multimedia systems, and human-machine interface (“HMI”) software development, backed by its strong heritage in automotive craftsmanship. With a shared vision, CarUX and Pioneer unite as one team, expect to further strengthen collaboration across customer portfolio, product complement, technology innovation, and manufacturing footprint, enabling the creation of a comprehensive smart cockpit solutions platform. We will continue to push the boundaries of technology and creativity in the automotive industry.”

　　Yahara said, “After receiving capital investment from private equity in 2019, Pioneer renewed its management structure and performed organizational reforms. In 2021, the Pioneer Revitalization Plan was completed. While steadily implementing development investments for growth, the company worked to improve profitability and achieved six consecutive terms of operating profit. Leveraging its long-cultivated strength in sound quality since its founding, Pioneer acquired new OEM business and expanded its global customer base. Besides, by establishing R&D centers in India and Germany, the company accelerated its global growth. After thorough evaluation, Pioneer has joined the CarUX Group, reflecting its confidence that the combined strengths of both parties will create significant synergies and pave the way for a new shared vision.”

　　Looking ahead, CarUX and Pioneer will continue to deepen their presence in the global automotive market, with the goal to enhance market influence in areas such as smart cockpit visual, audio, and HMI integration. At the same time, the parties also aim to accelerate the global commercialization of smart cockpit solutions, further strengthen the intelligent mobility ecosystem, and pioneer the next-level mobility experience in the world.

(Photo credit: Innolux)

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