Company News »

HARMAN Secures $3.2 Billion in Infotainment and Automotive Audio Business

Business Wire
Share on StockTwits
Published on

HARMAN International Industries, Incorporated (NYSE:HAR) , the premier audio, infotainment and software services company, today announced new orders from global automakers in the first four months of calendar 2015 totaling US$3.2 billion. The secured business includes new global awards with top OEMs, including BMW Group for infotainment and audio solutions as well as Daimler AG and GAC Fiat for infotainment solutions.

“HARMAN has a proven track record of performance and technology innovation that automakers trust to enable a safe, secure and differentiated connected car experience,” said Dinesh C. Paliwal, the Company’s Chairman, President, and Chief Executive Officer. “These latest awards from our long-time partners reflect an increasing demand from automakers and their drivers for more sophisticated, embedded infotainment and car audio systems and HARMAN’s ability to meet those demands with best in class technologies.”

HARMAN has built a highly integrated suite of infotainment solutions that transform the in-car experience for vehicles across car lines and brands worldwide. HARMAN’s premium, scalable infotainment platforms leverage deep technology assets to deliver enhanced and connected capabilities to the car. Its new intelligent connected navigation enables a new generation of driver usability and feature functionality, including a learning navigation solution with over-the-air updates offering drivers better route instructions, more accurate and up-to-date data, and integrated features for a safer and more intuitive experience.

In addition to the BMW award, HARMAN secured new car audio awards from Ford, Fiat Chrysler, Geely, and Hyundai. The Company continues to redefine audio excellence in the car with recent advancements like Individual Sound Zones, which deliver the ultimate personalized in-car audio experience, and the award-winning HALOsonic suite of active noise management solutions. With established technologies like QuantumLogic Surround, Logic7 and Clari-Fi, these new developments represent HARMAN’s relentless drive to provide the best listening experience for discerning passengers.

About HARMAN

HARMAN (harman.com) designs and engineers connected products and solutions for consumers, automakers, and enterprises worldwide, including audio, visual and infotainment systems; enterprise automation solutions; and software services. With leading brands including AKG(R), Harman Kardon(R), Infinity(R), JBL(R), Lexicon(R) , Mark Levinson (R) and Revel(R), HARMAN is admired by audiophiles, musicians and the entertainment venues where they perform around the world. HARMAN also is a technology and integration services leader for the Automotive, Mobile, Telecommunications and Enterprise markets. More than 25 million automobiles on the road today are equipped with HARMAN audio and infotainment systems. The Company’s software solutions power billions of mobile devices and systems that are connected, integrated, personalized, adaptive and secure across all platforms, from the work and home to car and mobile. HARMAN has a workforce of approximately 25,000 people across the Americas, Europe, and Asia and reported sales of $5.9 billion during the last 12 months ended March 31, 2015. The Company’s shares are traded on the New York Stock Exchange under the symbol NYSE:HAR.

(c) 2015 HARMAN International Industries, Incorporated. All rights reserved. Harman Kardon, Infinity, JBL, Lexicon and Mark Levinson are trademarks of HARMAN International Industries, Incorporated, registered in the United States and/or other countries. Features, specifications and appearance are subject to change without notice.

Share on StockTwits