TOKYO -- Struggling Japanese consumer electronics maker Pioneer has asked at least two companies, including autoparts supplier Calsonic Kansei, for financial help, people familiar with the matter said Wednesday.
Best known for audio equipment, Pioneer is believed to be considering spinning off some operations to a yet-to-be-created joint venture with Calsonic, which was acquired in March 2017 by U.S. private-equity firm Kohlberg Kravis Roberts.
