Samsung Just Went All In On Cars

Samsung just made a huge bet that connected cars will be the future and made its biggest acquisition yet in the Automotive space. Harmon is one of the most popular brands for in-car infotainment systems has been acquired by Samsung for $8 Billion in an all-cash deal. The price that Samsung has paid for the company does not sound entirely unreasonable considering that Harmon has unfulfilled orders of $24 Billion dollars on its books at the current moment. Samsung is entering this space a little behind Google and Apple, although this deal should more than cover any ground that it

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