Samsung Says To Buy US Auto Parts Supplier Harman For $8 Bn

 Samsung says to buy US auto parts supplier Harman for $8 bn

SEOUL, , (Pakistan Point News - APP - 14th Nov, 2016 ) - samsung Electronics said Monday it would buy US auto parts maker Harman for $8 billion in a bid to enter the growing market for automotive technology to produce "connected" cars. board members of Samsung -- the world's largest producer of mobile handsets -- had approved the all-cash acquisition of the Connecticut-based company, Samsung said in a statement.