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Pegatron Invests NT$1.257 Billion in Innolux’s CarUX to Enhance Automotive Display Capabilities

The strategic investment marks a significant expansion into smart cockpits and automotive display technologies for Pegatron
Taiwan
p 4938.TW i 3481.TW Mid and Small Cap 2000 Tech 350
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Pegatron, a leading Original Equipment Manufacturer (OEM), has announced a substantial investment of NT$1.257 billion to acquire a 4.09% stake in CarUX, a subsidiary of panel manufacturer Innolux. This move aligns with Pegatron’s strategic focus on enhancing its capabilities in In-Vehicle Infotainment (IVI) systems and related technologies.

The transaction involved the purchase of 5.888138 million shares of CarUX at a rate of US$6.949 per share, equivalent to approximately NT$213.51, totaling an investment of US$40.9166 million. This acquisition is part of Pegatron’s broader financial investment strategy to deepen its footprint in the automotive sector.

CarUX, known for its innovation in automotive displays, showcased its latest technologies at the Touch Taiwan 2024 exhibition, held at the Taipei Nangang Exhibition Center. The event highlighted CarUX’s advancements in AM mini LED and InvisiView technologies, alongside solutions that enhance automotive functional safety by restricting driver interactions with audio and video entertainment functions while driving.

Pegatron has been intensively researching and developing in-vehicle entertainment systems in recent years. The company has introduced cutting-edge automotive chips and developed proprietary software that supports various functionalities, including control and networking, multimedia audio and video, layer display, vehicle body information, and application programming interfaces. These technologies are integrated into comprehensive solutions for vehicle device management and cloud modularization.

The collaboration between Pegatron and CarUX is poised to drive forward innovations in the smart cockpit and automotive display sectors, leveraging both companies’ technological expertise to meet the evolving demands of the automotive industry. This partnership is expected to yield significant advancements in the design and functionality of next-generation automotive interfaces.

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