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Harman International

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    • Automotive & TransportationManufacturing & Industrialaudioconsumer electronicselectronic components

    Harman International Industries engages in the development, manufacture and marketing of audio products and electronic systems. The Company's Automotive segment designs, manufactures and markets audio, electronic and infotainment systems for vehicle applications to be installed primarily as original equipment by automotive manufacturers. Its Consumer segment engages in the design, manufacture and marketing of audio and consumer electronics for home, multimedia and mobile applications. The Company's Professional segment designs, manufactures and markets loudspeakers, power amplifiers, digital signal processors, microphones and mixing consoles used by audio professionals in concert halls, stadiums, houses of worship and other public spaces. Additionally, Harman International Industries offers real-time operating system software, middleware, development tools and consulting services for various markets, including automotive, industrial control and automation, medical, networking and telecommunications, and security and defense.


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    Revenue(FY, 2016)
    $6.9 B
    TypeSubsidiary
    Parent CompanySamsung Electronics
    HQStamford, US
    Websiteharman.com
    Harman International is headquartered in Stamford, US
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    Key People/Management at Harman International

    Dinesh Paliwal

    Dinesh Paliwal

    President and Chief Executive Officer, HARMAN
    Sandy Rowland

    Sandy Rowland

    Executive Vice President and Chief Financial Officer, HARMAN
    Sanjay Dhawan

    Sanjay Dhawan

    CTO & Executive Vice President and President –
    Mike Peters

    Mike Peters

    Executive Vice President and President
    Michael Mauser

    Michael Mauser

    Executive Vice President and President
    Mohit Parasher

    Mohit Parasher

    Executive Vice President and President
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    Harman International Office Locations

    Harman International has an office in Stamford
    Stamford, US (HQ)
    400 Atlantic Street
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    Harman International Financials and Metrics

    Summary Metrics

    Investors

    		Bessemer Venture Partners
    Harman International is a subsidiary of Samsung Electronics

    Harman International Revenue

    Harman International's revenue was reported to be $6.91 b in FY, 2016 which is a 12.3% increase from the previous period.
    Annual
    USDFY, 2014FY, 2015FY, 2016

    Revenue

    		5.3b6.2b6.9b

    Revenue growth, %

    		15%12%

    Cost of goods sold

    		3.9b4.3b4.8b

    Gross profit

    		1.5b1.8b2.1b
    Quarterly
    USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

    Revenue

    		1.2b1.3b1.4b1.4b1.6b1.5b1.6b1.8b1.6b1.8b1.9b

    Cost of goods sold

    		850.2m948.6m1.0b1.0b1.1b1.0b1.1b1.2b1.1b1.2b1.3b

    Gross profit

    		321.6m379.5m364.8m414.6m493.2m418.1m487.4m545.1m492.9m541.3m608.0m

    Gross profit Margin, %

    		27%29%26%29%31%29%30%31%30%31%31%
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    Annual
    usdY, 2010Y, 2011Y, 2012Y, 2013FY, 2014FY, 2015FY, 2016

    Cash

    		645.6m603.9m617.4m454.3m581.3m649.5m602.3m

    Inventories

    		662.1m693.6m706.1m

    Current Assets

    		2.5b2.9b2.9b

    PP&E

    		509.9m552.4m593.3m
    Quarterly
    USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

    Cash

    		515.4m518.6m566.9m397.8m510.3m592.4m402.2m437.5m360.4m511.7m683.4m

    Inventories

    		614.3m655.9m655.0m745.7m724.2m726.4m846.3m875.4m840.2m831.9m787.6m

    Current Assets

    		2.3b2.3b2.5b2.4b2.5b2.7b2.9b2.9b2.8b3.0b3.3b

    PP&E

    		431.8m437.7m445.1m491.1m475.2m462.9m547.1m555.3m576.8m595.3m579.0m
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    Annual
    USDFY, 2014FY, 2015FY, 2016

    Net Income

    		234.6m343.0m362.5m

    Inventories

    		(67.4m)(89.2m)

    Accounts Payable

    		148.0m273.6m

    Cash From Operating Activities

    		592.1m552.6m
    Quarterly
    USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

    Net Income

    		46.5m71.6m73.4m82.9m116.2m70.2m87.5m113.2m88.8m103.1m99.4m

    Inventories

    		655.0m745.7m724.2m726.4m846.3m875.4m840.2m831.9m787.6m

    Accounts Payable

    		664.7m746.5m789.9m809.8m870.4m882.4m782.0m940.4m1.0b
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    Competitors

    Grommes~Precision
    Manufacturing & Industrial - Private
    Bose
    Automotive & Transportation - Private
    Samsung Electronics
    Manufacturing & Industrial - Public
    Panasonic
    Manufacturing & Industrial - Public
    Haier
    Manufacturing & Industrial - Public
    Sony
    Manufacturing & Industrial - Public
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    Harman International Online and Social Media Presence

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    Harman International News and Updates

    September 27, 2018

    Smart Fleet Management Market Report 2018 To 2023 | Top Players Including Robert Bosch, Continental, Denso Corporation, Harman International, Siemens, IBM Corporation, Sierra Wireless, Cisco Systems

    The Top Players Including Robert Bosch, Continental, Denso Corporation, Harman International, Siemens, IBM Corporation, Sierra Wireless, Cisco Systems, Calamp Corp, Precious Shipping, OTTO Marine Limited, Orbcomm, Jutha Maritime, Globecomm Systems. Posted via Industry Today. Follow us on Twitter @In…
    August 13, 2018

    In-Car Entertainment System 2018 Global Market Key Players - Blaupunkt GmbH, Denso Corporation, Robert Bosch GmbH, Harman International Industries, JVC KENWOOD Corp.....

    In-Car Entertainment System – Global Market Demand, Growth, Opportunities, Manufacturers, Analysis of Top Key Players and Forecast to 2023 Posted via Industry Today. Follow us on Twitter @IndustryToday
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    Harman International Blogs

    October 18, 2018

    An Eye for Luxury Design: Q&A with Huemen’s Mikkel Venge

    HARMAN’s audio brands are found in some of the most iconic automobiles. Launched earlier this year, the Bentley Continental GT features a tailor-made Bang & Olufesen sound system with specially manufactured elements and speaker grills. We spoke with the creative mind behind it all, Mikkel Venge,…
    October 17, 2018

    2019 BMW X7 3-row SUV debuts: The bling comes standard

    October 17, 2018

    Harman achieves sustainable, rapid growth in line with opening-up

    October 16, 2018

    Designing Connected Experiences in the Consumer Age: Q&A with HARMAN’s Executive Vice President and Chief Marketing Officer, Ralph Santana

    Today’s companies see the importance of design as more consumers demand elegance alongside flawless functionality and exceptional user experience. As a company that has created countless ingenious product designs in different markets all over the globe, HARMAN recently launched Huemen, our in-house …
    October 15, 2018

    How Will Artificial Intelligence Handle Mom, Mother-in-Law?

    October 12, 2018

    Harnessing Our Heritage in Design to Create Award-Winning Products

    You heard it here first: in 2018, HARMAN received a record-breaking 53 product design and technology awards, bringing our six-year-total to more than 300 awards for 190 different products. This unprecedented number is a direct reflection of our commitment to designing world-class products that fl…
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    Harman International Company Life and Culture

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