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HARMAN INTL INDS, (HAR) Stock Research Free Stock Rating
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Harman International Industries, Incorporated engages in the design, manufacture, and marketing of audio products and electronic systems for the consumer and professional markets. The company operates in two segments, Consumer Systems and Professional. Consumer Systems segment offers loudspeakers and audio, video, and electronic systems for vehicle, home, and computer applications. It offers car audio, video, navigation, and infotainment systems to automobile purchasers through engineering and supply agreements with automobile manufacturers. This segment's home and automotive aftermarket audio and electronic products are offered through audio/video specialty and chain stores in North America and Europe. It also offers audio/video receivers, multichannel amplifiers, multidisc DVD players, and CD recorders, as well as electronics, including amplifiers, preamplifiers, digital signal processors, compact disc players and transports, DVD transports, and surround sound processors. In addition, this segment offers navigation systems and online pro systems. Professional segment offers loudspeakers and electronics products used by audio professionals in concert halls, stadiums, airports, and other buildings. These products are also used for recording, broadcast, cinema, and music reproduction applications. It offers various products, such as studio monitors, loudspeaker systems, powered loudspeakers, sound reinforcement systems, bi radial horns, theater systems, surround sound systems, and industrial loudspeakers. This segment produces sound mixing consoles for recording studios, and compact mixers for personal recording and home studios. Its consoles are sold to sound reinforcement, recording studios, broadcast studios, and musical instrument dealers. Professional segment also produces various signal processing products, equalizers, and special effects devices used in live sound applications and in recording studios. It produces microphones, audio headphones, surround sound headphones, and amplifiers. This segmentÂ’s other products include switching systems, digital audio workstations, and turnkey broadcasting studio installations. Harman International also offers systems solutions for professional installations and users worldwide. The company was incorporated in 1980 and is headquartered in Washington, D.C.
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