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Samsung Snaps Up Harman – Looks To Strengthen Automotive Tech

Samsung’s fiery phone fiasco may have cost the tech giant many millions, but the company still has enough cash in the bank to acquire Harman International Industries. Industry paper Automotive News reports the deal has been done, and Samsung has


Samsung’s fiery phone fiasco may have cost the tech giant many millions, but the company still has enough cash in the bank to acquire Harman International Industries.

Industry paper Automotive News reports the deal has been done, and Samsung has handed over US$8 billion (AU$10.6 billion) in the process.

Samsung reportedly views Harman as an ideal springboard for its future auto-related projects, not the least of which include an expansion of its connected infotainment systems and autonomous car programs.

While the timing may not be ideal, Samsung has no time to lose if it plans to keep pace with Google and Apple in the connected car game.

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