Harman International Industries Inc. Overview
Company Headquarters: Connecticut, United States
Founded: 1980
Workforce: ~ 30,000
Company Working: Harman International is a Stamford, Connecticut-based audio equipment manufacturer. Harman International Industries creates, manufactures, and sells audio and infotainment products for the automotive, consumer, and professional markets.
Harman's automotive division supplies audio and infotainment systems to many of the world's top automakers, including BMW, Mercedes-Benz, Audi, and Porsche. Its consumer division manufactures a wide variety of audio equipment, such as home and car audio systems, headphones, and portable speakers. Harman's professional division designs and manufactures audio and lighting systems for stadiums, concert halls, and other large venues.
Harman International Industries was acquired by Samsung Electronics in 2017, allowing the company to broaden its global footprint and accelerate its growth in emerging markets.
Strategy
Harman International is focused on increasing its global presence through the expansion of its production facilities globally. Moreover, it is focused on contracts and agreements with key players in the global automotive rear seat infotainment market. It targets potential customers in the country in a bid to boost revenue generation. Furthermore, with the development of new and advanced automotive systems, the company aims to increase its market share.
