Friday, January 30, 2015
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Apple Closes the Gap on Samsung Fourth Quarter's Worldwide Smartphone Shipments
Verizon To Let USers Opt Out Supercookies
Microsoft Outlines Windows 10 Options For The Enterprise
Jolla Tablet Returns to Indiegogo With A 64GB Version
BT Sees Ultrafast Broadband Not Coming Earlier Than 2025
Google To Change Privacy Policy After UK's Watchdog Investigation
HDDs Shipments Increased In 2014
FCC To Fine AT&T For Unathorized Operation Of Wireless Stations
Active Discussions
Writing Audio files on DVDs ?
Need major help with Gigabeat
New match-3 puzzle game launch now!
Rimage 2000i
Sound card for my Laptop
hello
full screen wide screen
Hi
 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
Pioneer HDJ-2000MK2 Headphones Target Pros
Pioneer DJ Unveils New Professional Studio Headphones
Pioneer XDJ-RX Rekordbox DJ System Comes With a Built-in Screen
Pioneer Releases Solid-state Drive
New Pioneer BDR-S09J-X BD Is Optimized For Audio Playback
Pioneer at CES 2015
Pioneer To Release The BDR-XU03JM Portable Blu-ray Drive For Macs
New Pioneer XDJ-1000 Multiplayer Offers Touchscreen, Wi-Fi Connectivity, and rekordbox
Pioneer Reports Reduced Sales For 2Q Fiscal 2015
Pioneer KUVO Links Together Club Fans, DJs, and Clubs
Pioneer Launches The Eco-friendly BDR-XD05J2 BD Burner
Pioneer Develops Rearview Mirror Telematics Unit With LTE Connectivity

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2015 - All rights reserved -
Privacy policy - Contact Us .