Pioneer Elite brand licensed by Sharp
The Pioneer Elite brand is returning to flat-screen TV.
Pioneer announced Thursday that the U.S. subsidiary Sharp will license Pioneer's Elite brand for a line of high-end flat-panel displays to be introduced in the U.S. and Canada this year.
Sharp hopes that by adopting the brand for high-end LCD TVs, it will be able to expand distribution of its premium large-scale TVs into high-end specialty A/V dealers. Pioneer said it will gain by adding large-screen LCD TVs to the market to complement its Pioneer's Elite home-theater components.
The Elite line of LCD TVs will be jointly marketed by Sharp and Pioneer, and will be available through Pioneer's authorized Elite dealer network, the companies said.
"The Elite brand is highly respected in the high-end market, and Sharp can deliver the quality and innovation that Elite customers demand." stated John Herrington, Sharp Electronics Marketing Company of America president.
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