DOCSLIB.ORG

HARMAN Recognised by Fast Company As One of the Most Innovative Companies in Automotive

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
HARMAN Recognised by Fast Company As One of the Most Innovative Companies in Automotive HARMAN Recognised by Fast Company as One of the Most Innovative Companies in Automotive STAMFORD, CT – HARMAN International Industries, Incorporated (NYSE: HAR), the premier connected technologies company for automotive, consumer and enterprise markets, has been recognised by Fast Company as one of the Top Ten Most Innovative Companies in Automotive, at #7 on the 2016 list. “The automotive industry is in the midst of one of its most significant periods of transformation since the introduction of turn-by-turn navigation, and at the helm are visionaries and innovators from very diverse walks of life,” said Dinesh Paliwal, CEO of HARMAN International Industries. “I am proud to see HARMAN honored as one of the most innovative by Fast Company, an organisation that is incredibly innovative in its own right, by continuing to spark engaging dialogue across industries about the future of business, technology and leadership.” Fast Company highlighted Individual Sound Zones (ISZ) as HARMAN’s standout innovation. HARMAN’s ISZ is groundbreaking in-cabin technology that enables drivers and passengers to personalise their own audio experiences with limited disruption or interference from other vehicle occupants, providing for virtual, simultaneous, in-car entertainment systems. Digital signal processing has been specifically tuned to the vehicle cabin and speakers to reduce the signals from other zones, regardless of whether they are music, voice or other noises. ISZ utilises a vehicle’s existing speakers with the addition of headrest speakers along with thin and flat Electro Dynamic Planar Loudspeakers in the vehicle ceiling. Passengers can still hear other sounds in the cabin, but those sounds are controlled to limit distractions to each passenger’s own sound experience. ISZ can be integrated into any HARMAN in-car audio system via the amplifier and is available to all automakers. HARMAN approaches innovation as a mix of extensive R&D, creative collaboration with best-in-class organisations and through the pursuit of strategic acquisitions. Over the past year HARMAN has introduced its powerful automotive computing platform, Life-Enhancing Intelligent Vehicle Solution (LIVS), partnered with Microsoft to integrate elements of Microsoft Office 365 productivity suite into HARMAN infotainment systems, and further enhanced the protection provided by its robust 5+1 automotive cyber security architecture with the acquisitions of Redbend, Symphony Teleca and TowerSec (pending customary closing conditions and regulatory approvals). HARMAN launched numerous automotive safety features, including pupil-based driver monitoring to measure the cognitive load of drivers. HARMAN is joined by a number of its automotive partners on the Most Innovative in Automotive list, including Hyundai, Ford and Tesla. HARMAN partner Audi is listed a top innovator in Design, and additional partners outside of automotive are recognised for their groundbreaking contributions, including Alphabet, Apple, Google, Indiegogo, Microsoft and Under Armour. Most Innovative Companies is one of Fast Company’s most significant and highly anticipated editorial efforts of the year. To produce the 2016 list, the magazine’s editors spent a full year gathering and analysing data on companies around the globe. For the first time, Fast Company enlisted machine intelligence to help inform the list: Quid, a San Francisco-based startup, used its software to create topographical maps of innovation across more than 40 sectors of the economy. Fast Company’s Most Innovative Companies list is available online at www.fastcompany.com/MIC. Press Contact Elan PR Ltd Nick Bailey t: 44 (0) 1295 780411 m: 44 (0) 7813 956664 e: [email protected] 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 28,000 people across the Americas, Europe, and Asia and reported sales of $6.5 billion during the 12 months ended December 31, 2015. The Company’s shares are traded on the New York Stock Exchange under the symbol NYSE:HAR. About FAST COMPANY Fast Company is the world’s leading progressive business media brand, with a unique editorial focus on innovation in technology, ethical economics, leadership, and design. Headquartered in New York City, Fast Company is published by Mansueto Ventures LLC, one of the U.S.’s leading media companies..
Load more

Recommended publications
  • The World of HARMAN Financial Highlights
    2010 Annual Report PREMIUM LIFESTYLE EXPERIENCES IN EVERY PACKAGE The world’s leading technologies for premium audio and infotainment have one name in common: HARMAN. We delight customers around the home, in the car and on the go with a range of award-winning products blending rich sound and distinctive design. Our family of respected brands spans more than 60 years of enriching lives across the automotive, consumer and professional audio markets. Our passion comes from a workforce of some 11,000 talented people, many of whose career experiences include professional entertainment, recording and production. We understand great sound, and we are dedicated to capturing and delivering it faithfully through innovative new solutions. We understand the needs of a connected generation, providing them with seamless entertainment and information for a robust lifestyle experience. We are committed to continuous improvement in delivering new value to our stakeholders. We blend innovation, productivity, and execution to serve other leading brand names across both the established and emerging markets. We provide a culture of respect, integrity and opportunity in which will be born the next generation of premium solutions for audio and infotainment. Welcome to the world of HARMAN Financial Highlights FIVE YEAR SUMMARY (IN THOUSANDS EXCEPT PER SHARE DATA, FOR THE FISCAL YEARS ENDED JUNE 30) 2010 2009 2008 2007 2006 Net sales $ 3,364,428 $ 2,854,895 $ 4,072,359 $ 3,519,089 $ 3,220,344 Operating income (loss) 85,555 (503,812) 132,167 385,756 406,528 Income
    [Show full text]
  • SK Telecom, Harman and Sinclair Broadcast Group Sign MOU
    SK Telecom, Harman and Sinclair Broadcast Group Sign MOU - SK Telecom, Harman and Sinclair sign an MoU to jointly develop and commercialize broadcasting network-based automotive platform in the U.S. and globally - The advanced automotive platform will be applied with ATSC 3.0-based broadcasting solutions to provide terrestrial TV broadcasting, HD map updates, V2X, etc. - The three companies will seek business opportunities in the global market for connected cars Las Vegas, NV - January 9, 2019 - SK Telecom (NYSE:SKM) and Sinclair Broadcast Group (Nasdaq: SBGI) today announced that they signed a Memorandum of Understanding (MoU) with Harman at the ‘2019 CES’ in Las Vegas to jointly develop and commercialize digital broadcasting network-based automotive electronics technology for global markets. Under the MOU, the companies will collaborate to build an advanced automotive platform based on ATSC 3.0, the next-generation broadcasting technology standard, to enable drivers to experience in-vehicle HD terrestrial TV broadcasting, secure firmware updates, HD map updates and V2X certificate management via terrestrial digital broadcasting facilities operated by Sinclair Broadcast Group throughout the United States. The technology will also be deployed in other geographies as local broadcast facilities become available. The three companies will work together to provide market leading technology and grow market share in U.S. Market. The companies also plan to seek joint business opportunities in the global automotive market. The companies intend to unveil their automotive platform and related equipment and services for the first time at the ‘2019 National Association of Broadcasters Show (NAB Show),’ the world’s largest broadcasting equipment exhibition hosted in Las Vegas in April 2019.
    [Show full text]
  • 2017 Business Report for the Year Ended December 31, 2017
    SAMSUNG ELECTRONICS Co., Ltd. 2017 Business Report For the year ended December 31, 2017 Certain statements in the document, other than purely historical information, including estimates, projections, statements relating to our business plans, objectives and expected operating results, and the assumptions upon which those statements are based, are “forward-looking statements.” Forward-looking statements are based on current expectations and assumptions that are subject to risks and uncertainties which may cause actual results to differ materially from the forward-looking statements. A detailed discussion of risks and uncertainties that could cause actual results and events to differ materially from such forward-looking statements is included in our financial reports available on our website. See, also, 『Note on Forward-Looking Statements』 in preamble of 『II. Business Overview』. Samsung Electronics 2017 Business Report 1 / 271 Table of Contents Certification ................................................................................................................................................................................ 3 I. Corporate Overview ............................................................................................................................................................... 4 II. Businesses Overview ......................................................................................................................................................... 29 III. Financial Affairs ................................................................................................................................................................
    [Show full text]
  • Interim Consolidated Financial Statements Of
    INTERIM CONSOLIDATED FINANCIAL STATEMENTS OF SAMSUNG ELECTRONICS CO., LTD. AND ITS SUBSIDIARIES INDEX TO FINANCIAL STATEMENTS Page Report on Review of Interim Financial Statements.................................................. 1 - 2 Interim Consolidated Financial Statements Interim Consolidated Statements of Financial Position................................................. 3 - 5 Interim Consolidated Statements of Profit or Loss........................................................ 6 Interim Consolidated Statements of Comprehensive Income........................................ 7 Interim Consolidated Statements of Changes in Equity................................................. 8 - 11 Interim Consolidated Statements of Cash Flows............................................................ 12 - 13 Notes to the Interim Consolidated Financial Statements................................................ 14 - 71 Report on Review of Interim Financial Statements (English Translation of a Report Originally Issued in Korean) To the Board of Directors and Shareholders of Samsung Electronics Co., Ltd. Reviewed Financial Statements We have reviewed the accompanying interim consolidated financial statements of Samsung Electronics Co., Ltd. and its subsidiaries (collectively referred to as the “Company”). These interim consolidated financial statements consist of the interim consolidated statements of financial position of the Company as at September 30, 2017, and the related interim consolidated statements of profit or loss and comprehensive
    [Show full text]
  • To Download a PDF of an Interview with Dinesh
    INTERVIEW VIEW InterviewINTER Understanding Harman An Interview with Dinesh C. Paliwal, Chairman, President, and Chief Executive Offi cer, Harman International Industries, Inc. Given the global size and scale of Harman, is value this and have rewarded us with $13 billion there an effective understanding and aware- in new orders for their future car audio and info- ness of how this company has evolved? tainment solutions over the next fi ve or six years. I don’t believe so, because for a long time, How challenging is it to keep up with Harman has been run as a holding company with the ever-changing technology? a series of acquisitions made over time, but they You have to be able to read future trends, were left alone to operate as if they were in- anticipate your customer’s emerging needs, and dependent companies. The company grew from engineer the solutions before anybody else. home audio components, to professional equip- Clearly, there is a massive convergence hap- Dinesh C. Paliwal and a Harman speaker ment, to ultimately car audio and the new world pening among consumer devices in the offi ce, of automotive electronics and infotainment. at home, and in the car. Consumers no longer EDITORS’ NOTE Dinesh Paliwal has served as Although the company was called Harman view their living room, workplace, and personal President and Chief Executive Offi cer of Harman International we hardly had any presence outside devices as separate domains. As devices become International since July 2007. Founding chair- of a few OECD countries. I have set the goal of more portable and content is increasingly digital, man Sidney Harman asked him to also take making this company truly global and we now connectivity is fast becoming a fundamental ex- over the role of Chairman in July 2008.
    [Show full text]
  • The Transition of Samsung Electronics Through Its M&A with Harman
    Journal of Open Innovation: Technology, Market, and Complexity Article The Transition of Samsung Electronics through Its M&A with Harman International Jung hyun Kim 1, Monica Young-Shin Chun 2, Duong Thi Hong Nhung 1 and Jeonghwan Lee 1,* 1 Department of International Business and Trade, Myongji University, Seoul 03674, Korea 2 Department of International Business, Seoul National University, Seoul 08826, Korea * Correspondence: [email protected]; Tel.: +82-2-300-0792 Received: 24 June 2019; Accepted: 30 July 2019; Published: 5 August 2019 Abstract: The automobile industry is experiencing unprecedented change. Despite its century-old history based mostly in the art of mechanics, increased development of technology and heightened awareness of environmental issues has pushed traditional automobile manufacturers to completely re-examine their strategies. It has also newly invited nontraditional players such as electronic and IT tycoons namely, Samsung, Google, and Apple into the game. The advent of electric cars with cutting edge technology requires active participation and collaboration from diverse industries requiring cross-over joint ventures and M&As. In this light, the recent acquisition of Harman Incorporated for eight billion dollars by Samsung Electronics in 2016 is a significant event that signals great change. As the electronics tycoon expands its boundaries preparing to become an important player in the automobile industry, this study examines how Samsung increases and integrates its knowledge base and innovation capability through the M&A deal with Harman in attempts to enhance its competitiveness in the rapidly evolving automotive market. Keywords: open innovation; M&A; automobile industry; autonomous driving; electric cars; post-merger integration 1.
    [Show full text]
  • Samsung Electronics Co., Ltd. and Its Subsidiaries NOTES to INTERIM
    Samsung Electronics Co., Ltd. and its Subsidiaries NOTES TO INTERIM CONSOLIDATED FINANCIAL STATEMENTS 1. General Information 1.1 Company Overview Samsung Electronics Co., Ltd. (“SEC”) was incorporated under the laws of the Republic of Korea in 1969 and listed its shares on the Korea Stock Exchange in 1975. SEC and its subsidiaries (collectively referred to as the “Company”) operate four business divisions: Consumer Electronics (“CE”), Information technology & Mobile communications (“IM”), Device Solutions (“DS”) and Harman. The CE division includes digital TVs, monitors, air conditioners and refrigerators and the IM division includes mobile phones, communication systems, and computers. The DS division includes products such as Memory, Foundry and System LSI in the semiconductor business (“Semiconductor”), and LCD and OLED panels in the display business (“DP”). The Harman division includes connected car systems, audio and visual products, enterprise automation solutions and connected services. The Company is domiciled in the Republic of Korea and the address of its registered office is Suwon, the Republic of Korea. These interim consolidated financial statements have been prepared in accordance with Korean International Financial Reporting Standards (“Korean IFRS”) 1110, Consolidated Financial Statements. SEC, as the controlling company, consolidates its 263 subsidiaries including Samsung Display and Samsung Electronics America. The Company also applies the equity method of accounting for its 42 associates, including Samsung Electro-Mechanics.
    [Show full text]
  • SAMSUNG ELECTRONICS Co., Ltd. Interim Business Report for the Quarter Ended September 30, 2017
    SAMSUNG ELECTRONICS Co., Ltd. Interim Business Report For the quarter ended September 30, 2017 Certain statements in the document, other than purely historical information, including estimates, projections, statements relating to our business plans, objectives and expected operating results, and the assumptions upon which those statements are based, are “forward-looking statements.” Forward-looking statements are based on current expectations and assumptions that are subject to risks and uncertainties which may cause actual results to differ materially from the forward-looking statements. A detailed discussion of risks and uncertainties that could cause actual results and events to differ materially from such forward-looking statements is included in our financial reports available on our website. See, also, 『Note on Forward-Looking Statements』 in preamble of 『II. Business Overview』. Samsung Electronics Interim Business Report 1 / 221 WorldReginfo - be050729-bed8-449e-be44-afdf0a11cc29 Table of Contents Certification ......................................................................................................................................................................... 3 I. Corporate Overview ........................................................................................................................................................ 4 II. Businesses Overview .................................................................................................................................................. 30 III.
    [Show full text]
  • Harman International 2007 Annual Report Harman International Is a Leading Global Provider of High-Fidelity Audio and Infotainment Systems
    Harman International 2007 Annual Report Harman International is a leading global provider of high-fidelity audio and infotainment systems. Our family of legendary brands includes Harman Kardon,® JBL,® Revel,® Mark Levinson,® Infinity,® Lexicon,® Soundcraft-Studer,® AKG,® Becker® and QNX.® Around the home, our products enrich daily lives with unmatched clarity. From portable music players to integrated home entertainment systems, the Harman name has been synonymous with a superior sound experience for more than 50 years. On the highway, we entertain and inform the world’s discriminating drivers and passengers. Our audio, DVD and navigation systems are the choice of both luxury automakers and aftermarket enthusiasts who will settle for nothing less than the Harman experience. Our professional products help leading artists of every genre to record and to perform – from advanced studio mixing systems that capture every subtle note, to audio solutions that fill the world’s premier entertainment and sporting venues with high-fidelity sound. Our network of manufacturing, sales and service resources is staffed by more than 10,500 dedicated Harman professionals, along with leading retailers, systems integrators and channel partners. Although we hail from many cultures, we are united by a single set of values encompassing integrity, creativity, quality and human development. Welcome to the world of Harman International. Cover: Harman Professional audio systems provide the perfect mix of high fidelity, command, and control for leading entertainment
    [Show full text]
  • Harman International Industries Inc /De
    HARMAN INTERNATIONAL INDUSTRIES INC /DE/ FORM 10-K (Annual Report) Filed 08/11/16 for the Period Ending 06/30/16 Address 400 ATLANTIC STREET SUITE 1500 STAMFORD, CT 06901 Telephone 2033283500 CIK 0000800459 Symbol HAR SIC Code 3651 - Household Audio and Video Equipment Industry Audio & Video Equipment Sector Consumer Cyclical Fiscal Year 06/30 http://www.edgar-online.com © Copyright 2016, EDGAR Online, Inc. All Rights Reserved. Distribution and use of this document restricted under EDGAR Online, Inc. Terms of Use. UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) x ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended June 30, 2016 or o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 001-09764 Harman International Industries, Incorporated (Exact Name of Registrant as Specified in Its Charter) Delaware 11-2534306 (State or other jurisdiction of (I.R.S. Employer incorporation or organization) Identification No.) 400 Atlantic Street, Suite 1500 Stamford, CT 06901 (Address of Principal Executive Offices) (Zip Code) Registrant’s telephone number, including area code (203) 328-3500 Securities registered pursuant to Section 12(b) of the Act: Title of Each Class Name of Each Exchange on Which Registered Common Stock, par value $.01 per share New York Stock Exchange Securities registered pursuant to Section 12(g) of the Act: None Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act.
    [Show full text]
  • 2020 Singapore
    2020 SINGAPORE SMU Singapore management university International Institute for the Study of Cross-Border Investment and M&A INTERNATIONAL ROUNDTABLE SYMPOSIUM ON CROSS-BORDER M&A Co-sponsored by WEDNESDAY, JANUARY 15, 2020 Four Seasons Hotel 190 Orchard Boulevard SINGAPORE Followed by VISIT, COCKTAILS AND DINNER National Gallery Singapore 1 St Andrew’s Road, 178957 SINGAPORE PRE-SYMPOSIUM RECEPTION Tuesday, January 14, 7 pm Asian Civilisations Museum 1 Empress Place SINGAPORE ADVISORY BOARD The International Institute for the Study of Cross-Border Investment and Cai Hongbin The University of Hong Kong M&A is pleased to hold its ninth invitation-only Roundtable Symposium Handel Lee King & Wood Mallesons on current issues in international cross-border mergers, acquisitions Richard Li and strategic investments, with a special focus this year on Asian cross- PCCW Limited Pacific Century Group border deals on the changing geo-political world stage. The Symposium Martin Lipton represents an effort by its founding universities, New York University, Peking Wachtell, Lipton, Rosen & Katz Liu Mingkang University and Cambridge, and affiliated professionals and companies, to China Banking Regulatory foster dialogue and connections among the world’s leading experts and Commission (CBRC) Liu Qiao thought leaders about key issues, trends and developments in the global Peking University Guanghua School of Management deal markets. The goal is to encourage pragmatic, de-politicized analysis Dinesh C. Paliwal and study of the market dynamics that fuel business expansion through Harman International Industries Joseph R. Perella M&A, and of the financial, legal, governmental and societal frameworks that Perella Weinberg Partners facilitate or hinder such activity.
    [Show full text]
  • Corporate Fact Sheet
    CORPORATE FACT SHEET Leadership About HARMAN Dinesh Paliwal President and CEO HARMAN (harman.com) designs and engineers connected products and solutions for Sandy Rowland automakers, consumers and enterprises worldwide; including connected car systems, EVP and CFO audio and visual products, enterprise automation solutions, and software services. Industry Recognitions Samsung Electronics Co., Ltd. (KRX: 005930) (“Samsung”) acquired • 2 Academy Awards HARMAN International Industries, Incorporated (“HARMAN”) on March 10, 2017. • 3 Technical GRAMMY® Awards • Automotive SPICE Certification Level 1 • 13 CES Innovation Awards in 2016 • Record 4 EISA Awards in 2015 Numbers at a Glance • Microsoft IoT Partner of the Year Award Audio Brands 30,000 Professionals worldwide JBL Professional®, Bang & Olufsen®, Bowers & Wilkins®, Canton®, AKG®, harman/kardon®, Infinity®, JBL®, Lexicon®, Mark Levinson®, Revel® 15,000 Engineers Enterprise/Entertainment Brands 6,529 Patents and patents pending AKG®, AMX®, BSS®, Crown®, dbx®, DigiTech ®, JBL Professional®, Lexicon®, Martin®, Soundcraft®, Studer® 16+ Legendary brands Key Customers Auto Enterprise • BMW • AT&T 80% Luxury cars with HARMAN systems • Daimler • Baidu • Toyota • Condé Nast • VW Group • Honeywell • Huawei Products and Solutions Consumer • Intel HARMAN creates great lifestyle experiences for today’s connected generation. We make it • Best Buy • The Kennedy Center • Cinemaxx Theaters • LG Electronics possible to enjoy your favorite digital multimedia content at home, on the go and on the road • Guitar Center • Microsoft through solutions for the Connected Car, Lifestyle Audio, Professional Solutions and • Hard Rock Hotel & • Polycom Connected Services. Casino Las Vegas • Tesco • Media Markt • Under Armour Connected Car With core expertise and rich experience in developing embedded Brand Ambassadors – Sport infotainment solutions, HARMAN is the bridge between Silicon Valley and • Official Sound of the NBA • Stephen Curry automakers.
    [Show full text]