Samsung Electronics acquisition of Harman approved by shareholders

Harman International board of directors approved an acquisition from Samsung Electronics back in November. This is one of the steps the Korean company is taking towards the automotive industry since Harman produces components for infotainment, cyber security and over-the-air updates. Some shareholders tried to stop the deal, claiming the company is worth more than the $8 billion offered by Samsung, but after a vote the deal will go through.
Harman is a company that is most popular with its brands JBL, AKG, Bang & Olufsen and works with Tesla, Mercedes, Porsche, Jaguar in building intelligent systems and car audio.
Shareholders voted in favor of the deal with 70.78% approving it. This translates to 49.4 million shares out of total 69.8 million represented. Holders of 2.1 million shares were against the deal while 431 thousand were abstentions.
The biggest hurdle is already behind Samsung's back. Now begins a battle for approval by antitrust authorities in United States, South Korea, China and EU. The Korean company expects the deal to be finalized by the end of Q3 2017.
Harman speakers will most likely be implemented in Samsung’s next flagship smarthone - the Galaxy S8 which will be unveiled on March 29.
Via

Comments

Post a Comment

Kindly Comment Only related to Post

Popular posts from this blog

iPhone 8 Plus and iPhone 8 now rule DxOMark's rankings with best smartphone cameras ever tested

Image
With sales of the iPhone 8 and iPhone 8 Plus starting today, DxOMark has published comprehensive reviews of both handsets' cameras. Lo and behold, they have jumped straight to the first two spots in the DxOMark rankings, leaving the HTC U11 and Google Pixel in the dust. The Pixel used to be the king of DxO until the U11 got the same score of 90. Now though, the iPhone 8 Plus' camera becomes the best that the lab has ever tested, with a score of 94. The iPhone 8's shooter isn't far behind, ranked No.2 with its 92 points. The iPhone 8 Plus shines in picture taking, with a record-breaking Photo score of 96, while for recording videos it gets a score of 89 - tied with the HTC U11 and slightly below the Pixel's 91. The iPhone 8 Plus has "outstanding image quality" and "an industry-leading Portrait mode". It is at the top of the charts in nearly every category, while its advanced software means it does "an amazing job" ...
Read more

Microsoft has laid Windows Vista to rest

Image
Today, Microsoft is “sunsetting” Windows Vista. That means it will no longer be supported with security updates from Microsoft. So if you find yourself with a machine running Windows Vista, you should look at upgrading to a newer version of Windows in order to stay secure. Windows 2000, Windows Me, Windows XP, Windows Vista In the early 2000s, Windows pumped three major consumer operating systems: In early 2000 came Windows 2000, later that year, Windows released a Windows Millenium update which was filled with glitches and bugs, including a way to bypass the password screen by hitting a few keys. Then came Microsoft’s saving grace: Windows XP. Windows XP then became a very popular operating system getting its third service pack in 2008. Back-tracking a couple of years to 2006, Windows Vista is released to the public. Windows Vista was abundant with glitches, bugs, and the overall performance of the OS was quite awful on hardware available at the time: when d...
Read more

Google confirms that it's launching two flagship Android Wear smartwatches in early 2017

Image
Two reports from a few months ago claimed that Google was working on two high-end smartwatches of its own, which were supposed to debut alongside the Android Wear 2.0 release this year. But then the new version of the company's wearable OS got delayed until 2017, and so we assumed the launch of the watches was postponed for that reason. It turns out that's exactly what happened. Today Jeff Chang, Google's product manager of Android Wear, has confirmed that the company is developing two flagship smartwatches which will be on the market in the first quarter of next year (so before March 31). These will be the first devices to launch running Android Wear 2.0, but then throughout 2017 we'll reportedly see more watches powered by the new OS version, from other partners. Some of those may even present their wearables at CES in January, while others will wait for Baselworld in March. Google's watches will not be Pixel-branded as you may have expected...
Read more

Samsung Galaxy Tab 4 7.0 LTE

Tablet with support for GSM voice communication, SMS, and MMS Also known as Samsung SM-T235 General 2G Network GSM 850 / 900 / 1800 / 1900 3G Network HSDPA 850 / 900 / 1900 / 2100 4G Network LTE 800 / 850 / 900 / 1800 / 2100 / 2600 SIM Yes Announced Exp. announcement 2014, Q2 Status Rumored . Exp. release 2014, Q2 Body Dimensions 187 x 106 x 8.9 mm (7.36 x 4.17 x 0.35 in) Weight 320 g (11.29 oz) Display Type TFT capacitive touchscreen, 16M colors Size 800 x 1280 pixels, 7.0 inches (~216 ppi pixel density) Multitouch Yes   - TouchWiz UX UI Sound Alert types Vibration, Polyphonic(64), MP3 ringtones Loudspeaker Yes 3.5mm jack Yes Memory Card slot microSD, up to 64 GB Internal 8/16 GB storage, 1 GB RAM Data GPRS Yes EDGE Yes Speed HSDPA, 42 Mbps; HSUPA, 5.76 Mbps; LTE, Cat3, 50 Mbps UL, 100 Mbps DL WLAN Wi-Fi 802.11 a/b/g/n, dual-band, Wi-Fi Direct, DLNA, Wi-Fi hotspot Blue...
Read more

HTC Desire 501

Image
General 2G Network GSM 900 / 1800 / 1900 3G Network HSDPA 900 / 2100 SIM Yes Announced 2013, November Status Coming soon Body Dimensions 128.5 x 66.7 x 9.8 mm (5.06 x 2.63 x 0.39 in) Weight 130 g (4.59 oz) Display Type TFT capacitive touchscreen, 16M colors Size 480 x 800 pixels, 4.3 inches (~217 ppi pixel density) Multitouch Yes Sound Alert types Vibration, MP3, WAV ringtones Loudspeaker Yes 3.5mm jack Yes Memory Card slot microSD, up to 32 GB Internal 8 GB, 1 GB RAM Data GPRS Yes EDGE Yes Speed HSDPA 14.4 Mbps, HSUPA 5.76 Mbps WLAN Wi-Fi 802.11 b/g/n, Wi-Fi Direct, Wi-Fi hotspot, DLNA Bluetooth Yes, v4.0 with A2DP NFC Yes USB Yes, microUSB v2.0 Camera Primary 8 MP, 3264 x 2448 pixels, autofocus, LED flash Features Geo-tagging, face and smile detection, simultaneous HD video and image recording Video Yes Secondary Yes, 2.1 MP Features OS Android OS...
Read more

Samsung explains the new tech behind the Galaxy S5 Super AMOLED display

Image
While much fuss has been made out of the Galaxy S5 display – the company’s 1080p Super AMOLED diamond matrix having been around since the Galaxy S4, after all – it turns out that Samsung has put quite a bit of work into making its latest panel the best ever. The company has posted some interesting demos of the new capabilities baked into the Galaxy S5 display, including local contrast enhancement for bright conditions, Adapt Display tech for different lighting, and different color realization modes for display photos. Local contrast enhancement allows the display itself to analyze and segment the display under different lighting conditions, meaning that it can change both the illumination and contrast level, including the ability to dim the display even further to avoid eye strain from excessive brightness in dark conditions. Adapt Display on the S5 means that the display will automatically change according to surrounding lighting conditions, including color ran...
Read more