Harman International, a privately owned consumer electronics company founded in 1980 and headquartered in Stamford, Connecticut, designs and manufactures a range of products and solutions. These include connected car systems, audio and visual equipment, and enterprise automation solutions, supporting the Internet of Things. The company, a subsidiary of Samsung Electronics, employs approximately 22,730 people and generated over $1 billion in revenue in 2024. Its portfolio of brands encompasses AKG, Harman Kardon, Infinity, JBL, Lexicon, Mark Levinson, and Revel.

2024 Revenue

Founded

1980

Headcount

22,722

Headquarters

US

Primary Segment

Consumer electronics

Ownership

Privately Owned

Deployments

29

News Summary:

JSA advised Harman International Industries Inc., a Samsung company, on the sale of its Digital Transformation Solutions (DTS) business to Wipro Limited for approximately $375 million (INR 3125 crore). This involved a 100 percent stake acquisition of Harman Connected Services, including DTS Inc. and its subsidiaries. Separately, Harman announced a collaboration with Qualcomm Technologies Inc. to develop next-level cockpit solutions for the automotive industry. This collaboration focuses on integrating Qualcomm’s Snapdragon Cockpit Elite platforms into Harman’s Ready product portfolio, developing AI-enabled cockpit and ADAS solutions, and implementing a coordinated go-to-market strategy targeting global OEMs in Europe and China. AAC Technologies, alongside Harman, showcased its capabilities in automotive acoustics, haptics, optics, perception, interaction, and motor systems at IAA Mobility in Munich.

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Harman International offers 30 products in the media and telecoms services, pro AV, media tech and telecoms tech industries. Harman International's product portfolio comprises of content acquisition, audio, enterprise and telecoms software, consumer electronics, pro AV audio and conferencing and pro AV controls and infrastructure.
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Harman International's revenues were over $1B in 2024. Caretta Research has split Harman International's revenue into 16 different product categories, the largest of which is consumer devices. For full access to Harman International's revenue breakdown subscribe to Caretta Portal.
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