Pioneer Corporation has decided to dramatically expand production capacity for car electronics products at its two major production bases in China and Thailand.
This move is to respond to high growth potential in car electronics products. At these two major production bases, Pioneer will manufacture over 80% of its total car electronics output — up from the current 70% — when going into full-scale production at the new facilities.
Pioneer will establish a new manufacturing company in an export zone in Shanghai to strengthen productive capacity for export car electronics products. The new company will start its operation in August 2007.
Pioneer Corporation is one of the leading manufacturers of consumer and business-use electronics products such as audio, video and car electronics on a global scale.