Japan's embattled Pioneer wins shareholder approval for capital injection from new Hong Kong owners
Shareholders of auto electronics-maker Pioneer Corp. approved Friday a capital injection of around ¥102 billion ($930 million) from a Hong Kong-based private equity fund. The struggling company will become fully owned by Baring Private Equity Asia as early as March, with its shares likely to ...
Pioneer secures $540 million rescue from Baring Private Equity
Pioneer Corp. said it had secured up to ¥60 billion ($540 million) with a planned share issue to Baring Private Equity Asia — a lifeline after its bet on car navigation systems to survive tumultuous times flopped. Pioneer's reliance on car GPS and audio systems ...
EU fines Pioneer, 3 other companies over online price fixing
EU antitrust regulators Tuesday levied fines totaling €111 million ($130 million) on Tokyo-based Pioneer Corp. and three other consumer electronics manufacturers for imposing fixed or minimum online prices for their products. The three others are D&M Holdings Inc. of Japan, AsusTek Computer Inc. of Taiwan ...
The world-famous Hello Kitty has hit the big 40. To celebrate such a major milestone, Pioneer Electronics have come up with a new portable sound system in collaboration with the birthday queen. The X-SMC01KT is compatible with Bluetooth 2.1 + EDR for wireless use with ...
Display technologies set to turn heads in cars and windows
From smartphones and high-definition TVs to digital displays, display technology has advanced in leaps and bounds to become ubiquitous the world over. This technology is projected to evolve further and play an even deeper role in our daily lives — at least that's what the ...
Sharp Corp. plans to sell its 9.2 percent stake in Pioneer Corp. to finance restructuring measures and is looking for a buyer, sources revealed Saturday. The struggling electronics maker is Pioneer's top stockholder. It is expected to use the proceeds from selling its 30 million ...
