Samsung is a real giant across all fields. Some people even said that half of South Korea is supported by Samsung. Today, Samsung made another big news at the capital level. On November 14, Samsung Electronics announced that it would purchase Harman International Industries at a price of 8 billion dollars! It is also cash, equivalent to $112 per share. Harman will continue to operate as an independent subsidiary of Samsung and maintain the existing team leadership. Harman's own office space, factories and all consumer and professional audio brands will be retained, and the acquisition is expected to be completed by the middle of next year.

In the words of Haman International, maybe people don't know much about it, but AKG ®、 JBL ®、 Revel ®、  harman/kardon ®、 Infinity ®、 Lexicon ® And Mark Levinson ® When 16 well-known audio brands are under its name, it is really a big group with profound merits and reputation. Before Apple took Beat under its control, Samsung has now taken over a top audio group at one go

Of course, what is more unexpected is that the focus of this acquisition is actually the Internet of Things automotive solutions of Harman International, which accounts for 65% of the market share. Oh Hyun Kwon, vice chairman of Samsung, said, "HARMAN perfectly fills the gap of Samsung in technology, products and products. The alliance between the two sides is a natural extension of the automotive development strategy we have been pursuing."

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