Innolux

2025: $1.1 billion purchase of Pioneer from EQT

Swedish investment company EQT has reached an agreement to sell Japanese electronics manufacturer Pioneer Corp. to a subsidiary of Taiwan's Innolux Corp. for $1.1 billion. This was announced in June 2025 by EQT. As stated in the message, CarUX will act as a buyer, specializing in the release of TFT-LCD (liquid crystal displays with an active matrix) for the automotive sector. EQT acquired Pioneer in 2019. The company is a leader in the production of automotive audio and navigation systems. Read more here

2018: Reduction of 10,000 people due to robots

Taiwanese display maker Innolux, whose clients include HP Inc., Dell and Microsoft, plans to cut more than 10,000 jobs in 2018 as part of a program to increase automation of production. This was announced on February 6, 2018 by the chairman of the board of directors of the company Tuan Hsing-chien.

By the end of this year, our staff will decrease to less than 50 thousand people, while at the end of 2017 there were about 60 thousand employees in the company, - said the head of the company at a press conference.

He also added that by the end of 2018, up to 75% of Innolux production will be carried out exclusively by robotic systems, Nikkei reports.^[1]

Innolux Chairman Tuan Hsing-chen

According to the Taipei Times, a program to automate production lines has been implemented at Innolux since 2007. Then the total number of employees of the company, most of whose enterprises are located in Taiwan, reached 100 thousand people. Over the past decade, Innolux has invested billions of dollars in upgrading and automating its factories, which will allow it to cut staff by half.

According to Tuan Hsin-chen, on whose initiative Innolux began to expand the use of robotic equipment, the measures taken can solve the problem of labor shortages, improve product quality and reduce production costs.

Wages in China are growing rapidly, and without factory automation systems, it is very difficult to contain labor costs, "explained the head of the board of Innolux, who is also a display technology adviser for the parent company Hon Hai Technology Group (Foxconn) and its Japanese electronics manufacturer Sharp.

Innolux uses robots to assemble and transport displays for tablets and laptops, and in the future is going to extend this successful experience to TV panel production lines. It is also planned to expand the introduction of sensors, Big Data technologies and elements of artificial intelligence.^[2]

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