Tokyo, Nov 11, 2009 - (JCN Newswire) - Pioneer Corporation and Sharp Corporation have completed all the necessary procedures and launched their optical disk joint venture today.

Pioneer and Sharp had signed a formal contract for the establishment of the optical disk joint venture on June 25, 2009 and were preparing to launch operations of that joint venture.

About Pioneer

Pioneer Corporation, headquartered in Tokyo, is a leading global manufacturer of consumerand business-use electronics products such as audio, video and car electronics. Its shares are traded on the Tokyo Stock Exchange (TSE: 6773). For more information , please visit http://pioneer.jp .



About Sharp

Sharp Corporation (TSE: 6753) is a worldwide developer of innovative products and core technologies that play a key role in shaping the future of electronics. As a leader in liquid crystal displays (LCDs) and digital technologies, Sharp offers one of the broadest and most advanced lines of consumer electronics, information products and electronic components, while also creating new network businesses. For more information, please visit www.sharp.co.jp .



Source: PioneerSharp

Contact:

Public Relations, 
Pioneer Corporation
Phone: +81-3-3495-9885

Corporate Public Relations Division, 
Sharp Corporation
Phone: +81-6-6625-3006 (Osaka)
Phone: +81-3-3260-1870 (Tokyo)