Taiwan $3.3 Billion LCD Display Panel Group Innolux Subsidiary & Singapore Car Smart Cockpit Display Solutions CarUX to Buy Japan Electronics Company Pioneer for $1.1 Billion from Private Equity Firm EQT (Baring Private Equity Asia Acquired Pioneer in 2018 for $900 Million), CarUX Planning IPO in United States, Pioneer Founded in 1938 by Nozomu Matsumoto
28th June | Hong Kong
Taiwan LCD display panel group Innolux ($3.3 billion market value) subsidiary & Singapore car smart cockpit display solutions CarUX have announced to buy Japan electronics company Pioneer for $1.1 billion from private equity firm EQT (Baring Private Equity Asia acquired Pioneer in 2018 for $900 million). Pioneer was founded in 1938 by Nozomu Matsumoto. CarUX is planning for an IPO in United States. Innolux – Originally established in 2003 and publicly listed in 2006. The company merged with Chi Mei Optoelectronics and Toppoly Optoelectronics in March 2010, in what was the largest merger in the flat panel display industry. Chimei Innolux Corporation was the successor company, and it initially preserved the Chimei name. In order to differentiate itself from the ChiMei brand, the company was renamed “Innolux Corporation” in December 2012. Main products. Innolux’s 14 plants in Taiwan possess a complete range of 3.5G, 4G, 4.5G, 5G, 6G, and 7.5G-8.5G production line, making it the world’s total display solutions provider offering a full range of large/medium/small LCD panels and touch-control screens.Innolux offers advanced display integration solutions employing innovative, differentiated technology, including 4K2K ultra-high resolution, 3D naked eye, IGZO, LTPS, AMOLED, OLED, and touch-control solutions. Innolux is active in drafting specifications, and is a market trend leader. Its all-inclusive product lines span the full range of TFT LCD panel modules and touch panels, including TV panels, desktop monitors, notebook computer panels, small and medium-sized panels, and medical and automotive panels. The world’s leading manufacturer of TFT-LCD displays, Innolux supplies customers that include many of the world’s leading information and consumer electronics manufacturers. CarUX – Headquartered in Singapore with operational and manufacturing sites in Asia and four R&D centers in Europe and Asia, CarUX focuses on the design, development, and production of smart cockpit display solutions that enhance the in-vehicle user experience. With over 20 years of experience as a Tier-1 supplier, CarUX has established long-term partnerships with leading global OEMs. Known for its innovation, product quality, and customer-centric approach, CarUX is trusted by many of the world’s top automotive brands.
“ Taiwan $3.3 Billion LCD Display Panel Group Innolux Subsidiary & Singapore Car Smart Cockpit Display Solutions CarUX to Buy Japan Electronics Company Pioneer for $1.1 Billion from Private Equity Firm EQT (Baring Private Equity Asia Acquired Pioneer in 2018 for $900 Million), CarUX Planning IPO in United States, Pioneer Founded in 1938 by Nozomu Matsumoto “
Taiwan $3.3 Billion LCD Display Panel Group Innolux Subsidiary & Singapore Car Smart Cockpit Display Solutions CarUX to Buy Japan Electronics Company Pioneer for $1.1 Billion from Private Equity Firm EQT (Baring Private Equity Asia Acquired Pioneer in 2018 for $900 Million), CarUX Planning IPO in United States, Pioneer Founded in 1938 by Nozomu Matsumoto
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