Harman International Industries, Inc.

Company Profile

■URL

https://www.harman.com/

■Address

400 Atlantic Street, Stamford, CT 06901, USA

Business Overview

-The Company is a manufacturer of connected products and solutions for a variety of markets. For the automotive market, the Company develops and manufactures audio systems, infotainment systems, digital cockpits, and connected vehicle solutions.

-The Company is organized into four divisions: Connected Car, Lifestyle Audio, Professional Solutions and Connected Services. Of the four divisions, the Connected Car, Lifestyle Audio, and Connected Services divisions are involved with the automotive industry.

  • Connected Car: Designs, manufactures, and markets connected car systems to provide navigation, infotainment, telematics, advanced displays, enhanced user experience, autonomous and assisted driving, connected safety and services, and over-the-air update capabilities.
  • Lifestyle Audio: Manufactures automotive audio systems under various brand names to enhance the automotive audio experience.
  • Connected Services: Develops software solutions and connected products which integrate design, mobility, cloud and analytics for companies.

 
-More than 25 million vehicles on the road feature the Company’s audio systems and connected technologies, comprising approximately 35% of the world’s vehicles. In 2020, the Company had a 27.5% market share in digital cockpits and net sales of KRW 9,183.7 billion.

Competitors

Connected Car Lifestyle Audio
-Aisin Seiki
-Alpine
-Aptiv
-Bosch
-Continental
-Denso
-Mitsubishi Electronics
-Panasonic
-Visteon
-ASK
-Bose
-Foster Electric
-Lear
-Pioneer
-Panasonic
-Sony

Shareholders

-As of March 13, 2017, the Company was delisted from the New York Stock Exchange due to its acquisition by Samsung Electronics. The Company is a fully owned subsidiary of Samsung Electronics.

Products

Infotainment systems
-GPS navigation systems
-Audio and video entertainment systems
-Multi-seat entertainment systems
-Embedded infotainment solutions

  • Augmented navigation display
  • 3D navigation display
  • Over-the-air mapping and software updates
  • Sensor fusion systems
  • Smartphone connectivity (Apple CarPlay, Android Auto, MirrorLink)
  • Traffic information
  • Bluetooth compatibility
  • Voice-activated telephone, texting and climate control
  • Digital media compatibility
  • Wireless Internet access
  • Hard disk recording
  • MP3 playback

-Telematics applications

  • eCall emergency services
  • Roadside assistance services
  • Stolen vehicle tracking
  • Vehicle diagnostics
  • Connected navigation
  • Connected infotainment

-Situational Human Machine Interface display system
-Intelligent digital cockpit
-Scalable digital cockpit solutions
-Augmented Reality platforms
-Head-up displays

Car audio
-Speakers
-Amplifiers
-QuantumLogic Surround (QLS) 3D surround sound system
-Individual Sound Zones (ISZ) which create personalized audio experience with minimal external interference
-Clari-Fi system which reconstructs audio details lost in compression
-HALOsonic noise management solutions

Connected services
-Automotive cloud platform
-Service delivery platform
-Aha Radio services
-Analytics services
-End-to-end in-vehicle infotainment solutions
-Android Auto integration packages
-Ethernet AVB software
-OTA management systems
-Ignite end-to-end cloud platform
-V2X communication systems
-Device Virtualization for connected vehicles
-Software vulnerability management systems
-Harman Shield cybersecurity systems
-Integrated 5G-ready Telematics Control Units

Advanced Driver Assistance Systems
-Rear-view camera applications
-Wide-view camera applications
-Surround-view camera applications
-Backup camera systems
-Collision warning systems
-Lane departure warning systems
-Driver monitoring systems
-Occupant monitoring systems
-External rear and side-view e-mirrors
-Augmented Surround View system
-Pre-integrated ADAS systems

History

1945 The Becker Company was started by Max Egon Becker in Pforzheim, Germany.
1948 The first Becker car radio was launched.
2004 Acquired QNX Software Systems. QNX is a provider of real time operating system software, development tools, and services for embedded design systems.
Feb. 2011 Acquired 3dB Research Ltd, a Canada-based developer of music and signal processing technology.
July 2011 Acquired MWM Acoustics, LLC, a provider of microphones and embedded acoustic solutions.
Aug. 2012 Acquired India-based Interchain Solution.
Apr. 2013 Acquired iOnRoad Technologies, development company of Advanced Driver Assistance Systems (ADAS).
Feb. 2015 Acquired S1nn GmbH & Co. KG, a developer of infotainment systems, connectivity and car audio solutions, for approximately USD 55.4 million.
Feb. 2015 Acquired Israeli-based Red Bend Software, a provider of software management technology for connected devices, and over-the-air (OTA) software and firmware upgrading services for approximately USD 170 million.
Jun. 2015 Acquired car audio business from Bang & Olufsen A/S for approximately USD 165.7 million.
Mar. 2016 Acquired TowerSec, a global provider of automotive cybersecurity, specializing in onboard network protection for connected vehicles.
Mar. 2017 Samsung completed acquisition of the Company, purchasing shares at USD 112 per share.

Supplemental Information 1