Last $137.78 USD
Change Today +0.13 / 0.09%
Volume 738.4K
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02/13/15 - $140.00
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10/14/14 - $84.48
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harman international (HAR) Details

Harman International Industries, Incorporated develops, manufactures, and markets audio products, lighting solutions, and electronic systems, as well as digitally integrated audio and infotainment systems for the automotive industry worldwide. Its Infotainment segment offers infotainment systems for vehicle applications to be installed primarily as original equipment by automotive manufacturers. The company’s Lifestyle segment provides automotive audio systems for vehicle applications; and a range of mid-to high-end audio and electronics for home, multimedia, and mobile applications. It also offers home audio and theater systems, and distributed systems for home applications; a range of accessories, such as ear buds, noise cancelling headphones, and ear phones for multimedia applications; transducers and built-in speakers for notebook computers; audio systems for personal computers; and aftermarket mobile products, including speakers, amplifiers, and digital signal processors that are used in-car audio products. This segment markets its products under the AKG, Harman/Kardon, Infinity, JBL, Logic 7, Mark Levinson, Lexicon, Revel, Selenium, and yurbuds brands. Its Professional segment provides a range of loudspeakers, power amplifiers, digital signal processors, microphones, headphones, mixing consoles, lighting systems, video and control solutions, and information delivery systems that are used in concert halls, stadiums, airports, houses of worship, and public spaces; products to the sound reinforcement, music instrument support, and broadcast and recording segments of the professional audio market; and systems solutions for professional installations and users. This segment markets its products under the AKG, AMX, BSS, Crown, dbx, DigiTech, JBL Professional, Lexicon, Martin, Selenium, Soundcraft, and Studer brands. Harman International Industries, Incorporated was founded in 1980 and is headquartered in Stamford, Connecticut.

14,202 Employees
Last Reported Date: 08/7/14
Founded in 1980

harman international (HAR) Top Compensated Officers

Chairman, Chief Executive Officer and Preside...
Total Annual Compensation: $1.2M
Executive Vice President and President of Lif...
Total Annual Compensation: $519.0K
Executive Vice President and President of Inf...
Total Annual Compensation: $501.2K
Executive Vice President, President of Profes...
Total Annual Compensation: $484.5K
Executive Vice President of Operational Excel...
Total Annual Compensation: $560.0K
Compensation as of Fiscal Year 2014.

harman international (HAR) Key Developments

HARMAN International Industries Introduces Three New Aha Cloud Service Offerings

HARMAN International Industries, Incorporated announced the introduction of three new Aha cloud service offerings. Designed to change how automakers and partners measure quality, handle service and market to consumers, Aha Cloud Services provide the interactive platform that makes the full benefits of connected vehicles possible. This dynamic new smartphone application suite allows OEMs to accelerate their mobile strategies - no matter what stage of development they're in - to deliver more compelling, immersive driving experiences as well as a new interactive model for ongoing customer engagement. Automakers understand the importance and role of smartphone applications in facilitating the connected car experience. But they require expert resources to develop, manage and update. Automakers can quickly launch a branded, intuitive application by using Aha Remote's proven mobile technology and design and development group. If an OEM currently has a mobile application but wants to take advantage of the new Aha Remote features, its APIs can be integrated into an existing platform. Aha Remote puts key vehicle information and remote functionality directly in drivers' hands. An enhanced connected navigation system enables easy trip planning, car finder capabilities and dynamic data feeds. Real-time vehicle health and maintenance information is served up in using easy to read and understand graphics. Aha Remote also allows users to remotely control door locks, set cabin temperature, start the engine and set up service appointments with a local dealer. The real value of Aha Remote lies in its ability to facilitate ongoing, interactive engagements with customers long after their vehicle leaves the sales lot. Powered by Aha Analytics, the Aha Remote platform provides real-time insight to identify customers and target them for regional service specials and over-the-air (OTA) firmware and map updates. It creates a valuable feedback mechanism that ultimately allows automakers to build stronger relationships with their customers and a platform to reinforce the value of their brand experience. Harman understands the power and value of harnessing big data to empower the connected car. The new Aha Analytics Services platform is currently helping automakers in North America and Europe validate and qualify vehicle performance during pre-production deployments. It's also providing valuable insights into when and how drivers are connecting to key car features. Aha Analytics gathers data from connected vehicles and sends it to Harman's Aha Cloud platform, making it available for users to access via an easy-to-use Web portal. Using advanced visualizations of both detailed and aggregated vehicle data -- software loads, driving patterns, system crashes, buttons pushed and connected devices, etc. automakers can immediately assess and troubleshoot performance issues. New stakeholder-specific modules have been created to provide visibility to the data that's most relevant to them. These include vehicle quality, warranty, product management, HMI and marketing. Aha Analytics will power not only connective vehicles, but any connected device in the car such as wireless speakers, home theater receivers, building control systems, connected appliances and thermostats. With these insights, connected device manufacturers will have a better understanding of how these devices perform and how to improve customer experiences. A new class of analytics-driven over-the-air (OTA) firmware update capabilities, Aha Updates allows automakers to safely and cost-effectively update a variety of a vehicle's software-driven applications and connected devices wirelessly.

Harman International Industries Unveils Two New Solutions, Individual Sound Zones and HALOsonic

Harman International Industries, Incorporated has unveiled two new solutions, Individual Sound Zones, or ISZ, and HALOsonic. Harman's Individual Sound Zones (ISZ) is a new in-cabin technology that enables drivers and passengers to create sonic zones between individuals for the ultimate personalized car audio experience. While there are many different sounds generated in-vehicle, not all of these sounds are relevant to all passengers. Explosion of portable electronics and in-vehicle technologies like navigation, hands free calling and Bluetooth connections have dramatically altered driving habits and in-cabin experience. Navigation prompts and phone calls are important for drivers, but interrupt the music for passengers. ISZ is an innovative acoustic design and complementary digital signal processing that maximizes speaker directivity and minimizes crosstalk in and between the zones in a vehicle for a more personalized in-cabin experience. ISZ does not eliminate all sound signals, but tunes the vehicle to ensure passengers audio experience is optimized for their location in the vehicle and current mode of listening. ISZ utilizes a vehicle's existing audio system speakers with the addition of headrest speakers equipped with micro speaker technology, along with thin and flat Electro Dynamic Planar Loudspeakers in the vehicle ceiling. The digital signal processing has been specifically adjusted to the vehicle cabin and speakers such that it will temper the signals from other zones, regardless of whether they are music, voice or other noises. Each passenger can activate and control their "zone." Passengers can still hear other sounds in the cabin, but those sounds are controlled in a way that limits the interruptions and distractions to each passenger's own sound experience. The configuration can be customized based on the cabin design and layout of vehicles, as well as type of vehicle (i.e. sedan vs. minivan). Individual Sound Zones can be integrated into any Harman in-car audio system via the amplifier, providing automakers limitless possibilities to further enhance in-car listening experiences. It is available now to all automakers. To tackle the acoustic challenges within the unique automotive environment of traditional, electric and hybrid cars, Harman created HALOsonic, an suite of active noise management solutions that work to improve noise levels and to enhance and contour sound inside and outside the vehicle. Two main sources of unwanted noise in the car come from the engine and the road. Not only do these sounds interfere with the in-car audio experience; they also increase fatigue and stress when driving. HALOsonic Engine Order Cancellation (EOC) and Road Noise Cancellation (RNC) were developed to address these road noises before they reach the ears of vehicle occupants. An automotive industry first, Harman's Road Noise Cancellation technology minimizes unwanted low frequency broadband noise that is transmitted from road surfaces into the vehicle cabin through tires, suspension, and vehicle body components. Based on the principle of using "anti-noise" to counteract road noise, RNC detects and neutralizes unwanted road noise through the vehicle's audio system, creating a more quiet and comfortable cabin, as well as opportunities to improve vehicle weight and handling without impacting interior noise levels. Engine Order Cancellation uses active noise cancellation technology to reduce the drone and rumble of a car engine, using the engine RPM signal as a reference to generate a sound wave that is opposite in phase to the engine-emitted noise wave. Error microphones mounted in the cabin ceiling provide feedback on the amplitude and phase to refine noise-cancelling effects. In addition to RNC and EOC, HALOsonic offers Electronic Sound Synthesis (ESS) which generates the authentic sounds of an engine, inside or outside the car. Electronic Sound Synthesis assists automakers engaging in emission reduction measures like engine downsizing and cylinder shutdowns, by synthesizing the attenuated engine sound and restoring the manufacturer's intended engine note.

Harman International Expands Embedded Infotainment Platform Offerings

Harman International Industries Inc. has expanded its embedded infotainment platform offerings to address the full spectrum of vehicle segments, including entry- to mid-level cars, with an automotive-grade platform. The platform leverages the latest smartphone integration technologies such as Apple CarPlay, Android Auto and MirrorLink for best-in-class connectivity for the world's automakers. In addition to its scalable, next-generation infotainment platform that addresses mid- and high-segment vehicles, Harman's newest platform addresses the other end of the spectrum, and gives automakers a connected car solution with global application. Together with connectivity to off-board cloud services, future-proof software solutions and a unique set of audio entertainment options, Harman's infotainment platform brings global perspective and affordable design to next-generation infotainment. Using the latest multi-core system-on-chip hardware, the platform is designed using a flexible Linux OS framework. It leverages smartphone experiences, including CarPlay and Android Auto, and supports MirrorLink integration for familiar and simple use of popular mobile applications. To support a dynamic visual dashboard interface, the new platform includes a 6.5- or 7-inch WVGA touch display with 800x480 resolution. The user experience is further enhanced with integrated Bluetooth telephony, voice echo cancellation and noise reduction, and CAN bus interfaces for ECU and steering wheel button controls. Harman has also ensured that rearview backup camera support is part of the standard platform offering, and supports the latest US Federal Motor Vehicles Safety Standards and Regulations. Harman's Aha Analytics, which aggregates and analyzes information collected through opt-in data sharing from the car's infotainment and on-board diagnostics, can also be integrated. The generated vehicle data can support a wide array of applications, including reliable safety and lost vehicle services, location services and even remote vehicle diagnostic monitoring capabilities. This software-rich platform can also be kept up-to-date and future-proofed via Harman Cloud Services over-the-air (OTA) updates. For automakers seeking to offer a more enriched user experience, Harman's scalable platform offers a number of design options to enhance connectivity, driver safety, usability and enjoyment. Connectivity can be enhanced with WiFi support and display options can be scaled to support multi-touch and swipe capabilities as well as 720p HD experience with 1,280x720 resolution.


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Price/Earnings 30.5x
Price/Sales 1.6x
Price/Book 4.8x
Price/Cash Flow 29.9x
TEV/Sales 1.5x

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