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Samsung Electronics Co. partners with Harman International Industries Inc. to lead automotive solution business

Dec 08, 2024

Contract Type

partnership

StamfordManufacturingSoftwareMobileConsumer ElectronicsAudioElectronics

Description

Samsung Electronics Co. is enhancing cooperation with its wholly owned US subsidiary Harman International Industries Inc. in in-vehicle technology to lead the burgeoning automotive electronics market, expected to grow to $470 billion by 2030. With this partnership, Samsung is expected to allow Harman to lead the Korean technology giant’s automotive electronics business by leveraging the parent’s hardware and software capabilities.

Company Information

Company

HARMAN

Location

Stamford, Connecticut, United States

About

HARMAN designs and manufactures consumer and professional audio products, automotive electronics and audio systems -- but we also do so much more. We’re engineering the future of connectivity—where every interaction is smarter, faster, and more immersive. Our iconic audio brands bring premium sound to consumers and audio/visual professionals worldwide. More than 50 million vehicles globally rely on HARMAN’s technologies to deliver safer, smarter, and more intuitive in-cabin experiences. HARMAN is a wholly owned subsidiary of Samsung Electronics Co., Ltd. and has approximately 25,000 employees around the world. HARMAN is an Equal Opportunity employer. Minorities, women, veterans and individuals with disabilities are encouraged to apply. HARMAN offers a great work environment, challenging career opportunities, professional training and competitive compensation. Looking for a challenge where your experience is valued? Come see what you can achieve as a leader with HARMAN!

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What this usually means
Strategic partnership established
Partnership agreements typically involve technology integration and joint go-to-market strategies

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