Samsung Electronics Completes Acquisition of HARMAN

2017/03/13 20:26:26

mikedocy

http://www.businesswire.com/news/home/20170310005767/en/Samsung-Electronics-Completes-Acquisition-HARMAN

About HARMAN
HARMAN (harman.com) designs and engineers connected products and solutions for automakers, consumers, and enterprises worldwide, including connected car systems, audio and visual products, enterprise automation solutions; and connected services. With leading brands including AKG®, Harman Kardon®, Infinity®, JBL®, Lexicon®, Mark Levinson® and Revel®, HARMAN is admired by audiophiles, musicians and the entertainment venues where they perform around the world. More than 25 million automobiles on the road today are equipped with HARMAN audio and connected car systems. The Company’s software services power billions of mobile devices and systems that are connected, integrated and secure across all platforms, from work and home to car and mobile. HARMAN has a workforce of approximately 30,000 people across the Americas, Europe, and Asia.

2017/03/13 23:06:56

bitflipper

Look for JBL speakers at Costco for $199. Of course, they'll be made of plastic in China, but they'll still have the JBL name on them. I think I'd better buy those AKG K712 headphones I've been lusting after, while they're still made in Austria, er, Slovenia.

2017/03/14 01:43:04

bitman

And down we go.

2017/03/14 12:11:00

BobF

Time will tell. I happen to have a lot of respect for Samsung based on the Samsung branded gear I own.

Well, except for that POS "Smart" BR player. The app side of that thing is a major turd. The up side is that it caused me to get a Roku. I love my Roku boxes.

2017/03/14 13:47:18

Mesh

Werd.
Waiting for Samsung S8 to come with JBL subs preinstalled.

2017/03/14 15:38:23

bitflipper

Samsung is a huge company with lots of products, so naturally some will be better than others. When I say "huge" it's hard to imagine how big they really are, as there are few companies on the planet as big. And family-owned, too.

If you live in Korea, chances are your refrigerator is a Samsung, and if you go to a hospital it'll likely be a Samsung hospital and you'll pay for the visit via your Samsung insurance policy. Visit Korea and you may go to one of the Samsung theme parks.

Even if you're not in Korea, your Samsung TV probably came to your country on a Samsung freighter. Your computer has hundreds of Samsung components in it. Samsung built the Burj Khalifa that Tom Cruise hung from in Mission Impossible.

Samsung represents 17% of Korea's entire GDP and 20% of its exports. When their cell phones started blowing up, it resulted in a significant drop in the country's economy.

Is this good for consumers? Well, was it good for entertainment when Sony gobbled up most of that entire industry?