Yes, Harman is a product based company. It designs and sells audio systems, connected technologies and automotive infotainment products for consumers and businesses. While Harman also provides engineering and software services, the main business of the company is the manufacture and sale of its own products.
Here is a Quick Overview of Harman
| Details | Info |
| Company Name | Harman International Industries, Inc. |
| Founded | 1980 |
| Founders | Sidney Harman, Bernard Kardon |
| Headquarters | Stamford, Connecticut, USA |
| Parent Company | Samsung Electronics |
| Industry | Audio electronics, connected technologies |
| Key Brands | JBL, Harman Kardon, AKG, Infinity, Mark Levinson |
| Employees | About 33,400 |
| Website | www.harman.com |
Company History
The history of Harman began in the 1950s when Sidney Harman and Bernard Kardon developed high-quality audio products. Over time, the company expanded as it purchased a number of famous lines of audio equipment such as JBL and AKG. In the 1980s, Harman became a public company and started to branch off into professional and home audio markets.
In 2017, Samsung Electronics purchased Harman. After the purchase, Harman remained an independent subsidiary with its own leadership staff. The company then bolstered its position in automotive audio, connected car systems and smart devices.
Current Status
Today, Harman is primarily a product firm. It builds speakers, headphones, car audio, infotainment and connected solutions for vehicles. Over 50 million vehicles in the world use Harman technology.
Harman manages HARMAN Connected Services, a software and engineering services provider. However, these services are used for supporting its product ecosystem and customer solution. The company generates most of its revenues from the sale of branded hardware and licensed technologies.
Harman has customers in North America, Europe and Asia. Its powerful research and development teams develop new products for smart cars, home audio and enterprise systems.
Future Outlook
Harman plans to grow more in automotive technology, particularly in the areas of connected cars and driver assistance systems. The company also focuses more on smart audio products and digital platforms.
With the help of Samsung, Harman seeks to innovate and reach global levels. As demand increases for smart vehicles and wireless audio, Harman is in a good position.
