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Pioneer Electronics company history timeline

1938

Since its founding in 1938, it has been in Pioneer's DNA to deliver unforgettable experiences to people around the world through a variety of world's first and industry's first products and services.

Matsumoto soon grew dissatisfied with his Osaka location, and in 1938 moved the company to Tokyo.

1947

1947 - May Fukuin Denki Kabushiki Kaisha is incorporated.

1961

1961 Changes the name to Pioneer Electronic Corporation (now Pioneer Corporation) and shares are listed on the Tokyo Stock Exchange Second Section.

1962

This experiment, known as the PSC-5A, was extremely successful and became the stereo industry's standard format. It next brought out, in 1962, the first stereo system with detachable speakers, a variation on the usual one-piece console design.

1964

In 1964 Pioneer brought out its S-71X modular stereo set, a runaway success that solidified acceptance of separable stereo equipment and put Pioneer on the audio map.

1971

Over a period of years Matsumoto gradually relinquished control, eventually naming Ishizuka president in 1971, while he himself remained a rather distant chairman of the board.

1972

Along with several other Japanese companies, Pioneer began research into the possibility of home video equipment as early as 1972.

1977

1977 Introduces the world's first two-way addressable CATV system in the United States (with Warner Cable).

1979

1979 Introduces the industry-use LD player.

1980

1980 Introduces LD player for home use, the VP-1000, in the United States

1981

1981 Introduces LD player for home use and 70 titles of LD software in Japan.

1982

Seiya Matsumoto was a natural salesman, remaining in charge of the company's sales division from that time until he was made president in 1982.

The company poured an enormous amount of money and effort into the disc program in the early 1980s, only to be greeted with a worldwide recession in audio sales compounded by the falling value of the United States dollar, in which Pioneer received a substantial percentage of its revenue. As a result, in 1982 the company lost money for the first time in its 44-year history.

1983

In 1983 Pioneer introduced a Laser-Karaoke device, which in effect allowed consumers to make their own home music videos; and in the following year, Pioneer began marketing the first CD players for automobiles.

1984

1984 Introduces the world's first LD combination player compatible with CDs and LDs, and releases the world's first car CD player.

1985

1985 Introduces the 40-inch projection monitor.

1986

1986 Introduction of the first stereo receiver for the home incorporating Dolby Surround sound.

1987

1987 Introduction of the car electronics' industry's first 3-source DIN head unit with tape deck, CD player and radio tuner.

1989

1989 Introduction of Detachable Face Security system, providing car stereo owners with added protection against theft.

Sales were up substantially, to almost 120,000 players in 1989.

1990

Pioneer had introduced the world's first car navigation system into the Japanese market in 1990 and had a leading share of this rapidly growing sector in Japan.

1992

1992 Introduces the world's first 4x CD-ROM changer.

1995

1995 Debut of the first GM/Chrysler-sized aftermarket CD headunits.

In 1995 the company also established a subsidiary in Portugal to manufacture car audio equipment.

The company ventured into the personal computer market in 1995 when it introduced the world's first Apple Macintosh clones.

1996

1996 Introduces DVD/CD player and the world's first DVD/LD/CD compatible player for home use.

Soon after the end of the 1996 fiscal year, Seiya Matsumoto stepped aside as president, becoming company chairman, while Kaneo Ito, who had been in charge of the company's European sales network, became the new president.

Also, in mid-1996 the company established the Pioneer Music Group, Inc., a Franklin, Tennessee-based music label that was slated to specialize in rock, alternative, and Christian music.

1997

In 1997 Pioneer introduced the PDP-501HD, the world's first high-definition 50-inch, wide-screen plasma display, aimed at the consumer market.

1998

In May 1998 the Display Products Company was created as a fourth operating unit dedicated to business operations related to plasma and other types of displays.

1999

1999 Introduces the world's first DVD recorder compatible with the DVD-RW format.

2000

2000 Shares of Tohoku Pioneer are listed on the Tokyo Stock Exchange Second Section.

2002

2002 Introduces GPS car navigation system with a wireless communication module.

2003

2003 Total shipment worldwide of PC-use recordable DVD drives surpasses 5 million units.

2004

2004 Introduces the world's first DVD player for professional DJs and VJs.

2005

The company also set a goal of increasing revenues to ¥1.2 trillion (US$9 billion) by 2005.

2006

Delisted in January 2006). Starts United States GAAP consolidated financial reporting.

2006 Introduces PDP-5000EX, the world's first 50-inch 1080p plasma display.

2007

2007 Introduces "KURO" plasma TV, offering stunning black reproduction.

2016

2016 - Nov Develop advanced driving assist system Intelligent Pilot for on-the-road vehicles.

2017

2017 - Feb Introduce the world's first BD writer compatible with Ultra HD Blu-ray.

2018

2018 - Jan Company's 80th anniversary.

2021

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Founded
1938
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Headquarters
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Pioneer Electronics may also be known as or be related to Pioneer Electronics, Pioneer Electronics (usa) Inc. and Pioneer North America Inc.