Korea / Special Situations, Clepsydra Capital

Sanghyun Park

I investigate special situations in Korea.

Korea / Special Situations

Samsung Looks to the Car Market with a US$8 Billion Buyout of Harman

Details of Samsung-Harman Merger Agreement

Samsung's Harman Acquisition - Why Harman & What Impact on Samsung Restructuring

Thoughts on Samsung's Magneti Marelli Deal

Equity Bottom-Up

<p>How would Samsung and Harman make synergies? This is the question that everyone is wondering about. Of course, this would not be such a difficult question either. Everyone knows "Smart Car" would be the keyword in this deal. Yes, Samsung acquired Harman mainly because it wanted to provide smart car solutions (automotive electronic components and solutions) to the world's top-tier car makers in a much more efficient way. But there are still some people wondering about Samsung's true intention. That is, there is a suspicion that Samsung itself may try to become an EV (electric vehicle) maker. Is it really so? Even if Samsung does not really want to be an EV maker, to what extent is Samsung planning to build its own automotive electronic component business in conjunction with Harman? On the surface, Samsung+Harman duo is not posing many difficult questions. But once we dig it a little deeper, we will soon find that there are several complicated aspects behind the matter.</p>

How would Samsung and Harman make synergies? This is the question that everyone is wondering about. Of course, this would not be such a difficult question either. Everyone knows "Smart Car" would be the keyword in this deal. Yes, Samsung acquired Harman mainly because it wanted to provide smart car solutions (automotive electronic components and solutions) to the world's top-tier car makers in a much more efficient way. But there are still some people wondering about Samsung's true intention. That is, there is a suspicion that Samsung itself may try to become an EV (electric vehicle) maker. Is it really so? Even if Samsung does not really want to be an EV maker, to what extent is Samsung planning to build its own automotive electronic component business in conjunction with Harman? On the surface, Samsung+Harman duo is not posing many difficult questions. But once we dig it a little deeper, we will soon find that there are several complicated aspects behind the matter.

Samsung Electro Mechanics Co, Ltd. (009150 KS)

Samsung Electronics

Future of Samsung & Harman in IoT Market