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Pioneer Corp ADR (PNCOY)
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Pioneer Corporation is engaged in the manufacturing and sale of electronic products and operates in three business segments: The Car Electronics, The Home Electronics and Other segment. Pioneer offers an innovative, extensive product lineup to deliver home entertainment tailored to customer lifestyles. Pioneer is working to expand the frontiers of in-car entertainment by fusing audiovisual entertainment and car navigation systems using the latest technological innovations. These efforts are guided by the principle of always proposing new value to customers. Pioneer also supplies various car electronics products to major automakers worldwide. Pioneer's technological strengths in these areas are highly valued globally. Focusing upon research into commercializing organic LEDs (OLEDs) at the earliest stages, Pioneer was the first company worldwide to mass-produce OLED displays. It has continued to expand the market for this display technology in mobile phones and car stereos. Future applications will include in-car panels, medical devices, measuring instruments, OA equipment, and a broad range of electrical products.