Harman International Industies Inc (HAR)

Harman International Industries, Incorporated designs and engineers connected products and solutions for automakers, consumers, and enterprises worldwide. The company operates through four segments, such as connected cars, lifestyle audio, professional solutions, and connected services. The Connected Car segment designs, manufactures, and markets connected car systems for vehicle applications, as well as an infotainment system for motorcycles. This segment also offers automotive cyber security solutions. The Lifestyle Audio segment offers car audio systems for vehicle applications as well as a range of consumer audio products, including loudspeakers and electronics, headphones, embedded audio products for consumer electronics, and branded portable wireless speakers. The Professional Solutions segment designs, manufactures, and markets audio, lighting, video, control, and automation solutions for entertainment and enterprise applications. Its products include loudspeakers, amplifiers, digital signal processors, microphones, headphones, mixing consoles, guitar pedals, lighting, video and control, and enterprise automation solutions. The Connected Services segment offers software solutions to the automotive, retail, mobile, healthcare, media, and consumer electronics markets. The company markets its products under the AKG, AMX, Crown, Harman/Kardon, Infinity, JBL, JBL Professional, Lexicon, Mark Levinson, Martin, Revel, Soundcraft, and Studer brand names. Harman International Industries, Incorporated has a strategic partnership with Navdy to offer an aftermarket augmented reality driving device to automotive OEMs. As of October 15, 2020, Harman International Industries, Incorporated operated a JBL-branded retail store in New York City. The company was incorporated in 1980 and is based in Stamford, Connecticut. Harman International Industries, Incorporated operates as a subsidiary of Samsung Electronics America, Inc.