Harman does A LOT more than "headrest screens". I did a quick Google search, and they own JBL, Harman Kardon, Mark Levinson, AKG, Lexicon, Infinity and Revel, and deliver products ranging from professional audio production to cinemas, high end hi-fi and car stereos.
Samsung flings $8bn at buyout of connected car biz Harman
Samsung is splashing out $8bn on buying US connected car tech firm Harman Industries, it announced this morning. The deal is for $112 in cash per share, a premium of just over a quarter on Harman’s closing share price at the end of last week. In its first quarter of fiscal year 2017 Harman sold $1.8bn worth of its “connected …
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Wednesday 16th November 2016 18:19 GMT Anonymous Coward
Apple has done a pretty good job of excising about all Samsung manufactured content from the iPhone. The only thing in the iPhone 7 from Samsung is the LPDDR4. Obviously that's something they could get elsewhere if they really wanted, but maybe they feel it is in their interest to always buy one thing from them just to keep the lines of communication open so they have more options in the future.
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Monday 14th November 2016 12:47 GMT Dave 126
Re connected cars, Autonmous / Assisted Driving:
https://www.mentor.com/products/electrical-design-software/blog/post/5-automotive-megatrends-5cf1dcc3-14a2-4d0d-b8af-da46e42f486c
I came across these when looking into Mentor Graphics (mentioned in another Reg article today). Since a part of there business is in designing wiring looms for vehicles, they are obviously interested in the future of vehicles, noting that every major car manufacturer and technology giant is investing time and money in this sector.
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Monday 14th November 2016 13:08 GMT Anonymous Coward
Not really, if they are losing (not saying they are) $2billion a year with little growth for instance. BHS was sold for £1 despite revenues approaching £1billion.
Depends what their EBITDA, their assets, liabilities and their projections are to see whether this is a good deal or not.
"Revenue is Vanity, Profit is Sanity, Cash is Reality" as someone has said at sometime.
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Monday 14th November 2016 13:29 GMT Anonymous Coward
next "best" thing
safe bet is, the cars will be self-driving within the next decade or so, what do you invest in to be ahead in the next race? Self-driving technology? Bzzz, already taken!
So what else will those miserable humans, including ex-drviers be doing in a self-driving, electric, thus quiet vehicle... Well, apart from shielding their eyes from window ads popping at them left right and centre (click here to pay for the ad-free window upgrade, exclusive, 12-months licence which will also give you a 12 minute bonus uncluttered view through the window).