CarUX Holding Limited, a Tier 1 supplier focused on smart cockpit integrated solutions and a subsidiary of Innolux Corporation, has announced today (June 26) that it has signed definitive agreement with EQT, a global investment firm, to acquire 100% stake of Pioneer Corporation (“Pioneer”) at an equity value of 163.6 billion Japanese yen (approximately 33.7 billion New Taiwan dollars). Pioneer possesses comprehensive technical capabilities in the fields of automotive sound, multimedia systems, and human-machine interface (“HMI”) software developm...

According to TrendForce 2025 Global Automotive LED Market- Lighting and Display Product Trend, towards 2025, due to the ongoing uncertainty in the overall economy, greater downward pricing pressure is anticipated in 2025. However, according to TrendForce’s analysis on automotive LED manufacturers’ orders on hand, car production is expected to recover again in 2H25. Additionally, with advanced technologies continuing to be incorporated into car models of 2026, the automotive LED and automotive lighting market value is forecasted to grow to USD 3.451 bill...