Friday, December 15, 2017
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Facebook Will Start Putting Ads Before Videos
Samsung's Smart Speaker Coming Next Year
Internet Neutrality is Officially Dead
Synaptics Brings First In-Display Fingerprint Sensors for Smartphones
Disney to Buy Fox Film and Some TV Businesses for $52 billion
Powerful iMac Pro is Available Today, Starting at $5,000
IBM Announces Collaboration With Leading Companies to Accelerate Quantum Computing
Bing Gets Intelligent Search Features, Powered by AI
Active Discussions
Which of these DVD media are the best, most durable?
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
Help make DVDInfoPro better with dvdinfomantis!!!
menu making
Optiarc AD-7260S review
cdrw trouble
 Home > News > Consumer Electronics > Pioneer...
Last 7 Days News : SU MO TU WE TH FR SA All News

Thursday, May 15, 2014
Pioneer May Sell Its AV Equipment Business: report


Pioneer is reportedly in talks with Funai Electric and other buyers to sell its audiovisual equipment segment, according to a Nikkei report.

The report added that suitors have been negotiating with Pioneer through financial institutions, discussing the value of the company's global brand as well as its production and sales networks.

Responding to the report, Pioneer said that it is currently considering "every possible measure for thorough review of its home AV business, such as alliances in cluding partial sales of its shares in subsidiaries." However, it sad that no decisions have been made, with any particular third parties including Funai Electric Co., Ltd.

Selling its AV Business unit could help Pioneer focus on its more profitable devices for automobiles.

The company's AV equipment business, including such products as home theater systems and Blu-ray Disc players, generated 108 billion yen ($1.04 billion) in sales -- roughly 20% of the company's total -- in fiscal 2013. Operating profit came to 100 million yen. Pioneer would likely hold onto high-margin parts of the business like DJ equipment.



Previous
Next
Sony's 4K Ultra HD Media Player Comes For $700        All News        StarForce to Launch a Free E-mail Service with Protection Option
Sony's 4K Ultra HD Media Player Comes For $700     Consumer Electronics News      Pioneer Offers More Color Optins For DDJ-SB Controller for Serato DJ Intro and Serato DJ

Get RSS feed Easy Print E-Mail this Message

Related News
New Pioneer BDR-XD07 External Blu-ray Burners Connect Directly to Android Smartphones
Pioneer Introduces New CDJ-2000NXS2-W and DJM-900NXS2-W
HERE and Pioneer Partner on Global Map Solutions
Pioneer's Flagship Se-Monitor5 Hi-Res Headphones Released
Konica Minolta and Pioneer Join Forces On OLED Lighting Business
Pioneer Debuts New Elite 7.2-channel Network AV Receivers
Pioneer BDR-211UBK BD Writer With Ultra HD Blu-ray Playback Support Launches In The U.S
Pioneer BDR-XD06J-UHD Is The First Portable UHD BD PC Drive
Pioneer Rayz Earphones Support Apple's Lightning Audio Technology
Pioneer Sells CATV-Related Equipment Business, Forms OLED Lighting Alliance With Konica Minolta
Pioneer BDR-S11J-BK BDR-S11J-X Ultra HD Blu-ray Burners Coming Next Month
Pioneer DJ NXS2 System Now Compatible with TRAKTOR - CDJ-2000NXS2 and DJM-900NXS2 Now Support TRAKTOR PRO 2 and TRAKTOR SCRATCH PRO 2

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2017 - All rights reserved -
Privacy policy - Contact Us .