Pioneer Strengthens Car Audio After-market Business in Brazilian Market
JapanCorp: <http://www.japancorp.net/?page_num=1> Pioneer Strengthens Car Audio After-market Business in Brazilian Market Tokyo, Japan, Nov. 26, 2003 - (JCN Newswire) - Pioneer Corporation has announced that its new sales and manufacturing subsidiary company, named Pioneer do Brasil Ltda, in Brazil, will start manufacturing and sales activities of Pioneer-brand car audio products in the Brazilian after-market in December 2003. Brazil is the largest market in Middle and South America for car audio products. The A/V car entertainment market is expected to grow rapidly there. The new company, which has the headquarters and factory in Manaus, and the sales office in San Paulo, Brazil, will start its operations in December, 2003. It will lead to further promotion of Pioneer's car audio products in Brazil.Company name: Pioneer do Brasil Ltda. Head office: Av. Cupiuba, 361-Distrito Industrial, CEP-69075-060, Manaus-Am., Brazil Capital: 32 million R$ (Pioneer's wholly-owned subsidiary) President: Motohiko Ishikawa About Pioneer Corporation 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. Its shares are traded on the New York Stock Exchange (ticker symbol PIO), Euronext Amsterdam, Tokyo Stock Exchange, and Osaka Securities Exchange.For further information, please visit the Pioneer Corporation home page at: www.pioneer.co.jp/index-e.html <http://www.pioneer.co.jp/index-e.html> Contact Public Relations Pioneer Corporation, Tokyo, Japan Phone: +81-3-3495-9885 E-mail: pioneer_prd@post.pioneer.co.jp Website: http://www.pioneer.co.jp _____ Nov. 26, 2003, 16:44 (JST) Source: Pioneer Corporation Pioneer Corporation www.pioneer.co.jp/index-e.html <http://www.pioneer.co.jp/index-e.html> From the Japan Corporate News Network www.japancorp.net <http://www.japancorp.net> Topic: Establish Subsidiary Sectors: Consumer Electronics, Multimedia , Consumers General, Electronics General, Auto General © 2003 JCN Newswire. A division of Japan Corporate News Network KK. All rights reserved.