News Release：Pioneer Announces Completion of Shareholder Transition

[Tokyo, December 1, 2025] –Pioneer Corporation (“Pioneer”) today announced the completion of its shareholder transition and has officially become part of CarUX Holding Limited (“CarUX”), a Tier 1 supplier specializing in smart cockpit integration solutions and a subsidiary of Innolux Corporation. This milestone marks a new chapter in CarUX’s global smart cockpit strategy.

With the completion of this shareholder change, CarUX will combine Pioneer’s deep technological expertise in in-vehicle audio systems, multimedia solutions, and human-machine interface (HMI) software development with its own strengths in smart cockpit integration solutions. This will further enhance CarUX Group’s core competences, product competitiveness, and influence within the global supply chain.

By integrating the R&D capabilities and manufacturing bases of both companies, CarUX Group will provide customers with more agile and localized support to meet the evolving and diverse needs of global automakers and consumers, driving continuous innovation and growth in the smart mobility industry.

CarUX Group stated that after the completion of the acquisition, synergies will be realized in three major areas

(1) Customer Diversification

Building on Pioneer’s strong customer base from Japan to worldwide, CarUX Group will rapidly expand its automotive market presence other than Europe and US, especially by entering the Japanese automaker supply chain and pursuing collaborative sales opportunities that were previously difficult to access.

(2) Product Portfolio Expansion

By combining Pioneer’s expertise in audio, multimedia systems, and HMI software with CarUX’s advanced smart cockpit display and integration solutions technologies, the Group will broaden its product portfolio, offering comprehensive solutions that seamlessly integrate display, sound, and human-machine interaction.

(3) Globalized Manufacturing Footprint

Pioneer has an extensive R&D and manufacturing network across Asia, including Japan, Thailand and Vietnam, as well as the Americas and Europe. By combining these resources with CarUX’s existing presence in Asia and Europe, CarUX Group will further strengthen its multi-regional supply capabilities, improve global production resilience, and provide more responsive and localized support to customers around the world.

CarUX Group will advance its integration journey through joint initiatives in customer engagement, product development, technology sharing, and manufacturing. By deepening R&D cooperation and strengthening production synergies, the Group will steadily advance toward its vision of becoming a pioneer of smart cockpit solutions.

About CarUX

Headquartered in Singapore, CarUX operates business and manufacturing sites across Asia and four R&D centers in Europe and Asia. The company specializes in the design, development, and manufacturing of smart cockpit display and integration solutions that enhance the in-vehicle experience.
With more than 20 years of Tier 1 experience, CarUX has established long-term partnerships with leading global automakers. Known for its innovation, product quality, and customer-centric approach, CarUX is a trusted partner to automotive brands worldwide.

About Pioneer

Pioneer is a leading global manufacturer that has been developing an array of world-first products and services since its inception in 1938 based on its corporate mission of “Move the Heart and Touch the Soul.” Through our core car electronics business, we propose new and unique value by providing products and services that realize comfort, excitement, safety and security in vehicle interiors, utilizing unique and innovative ideas combined with cutting-edge technologies. Pioneer has formulated the goal of "Creating the Future of Mobility Experiences" as our corporate vision and is committed to transforming into a solution company that uses products and services to solve the myriad challenges of the mobility field. For more information on Pioneer,

Pioneer Corporation