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Incessant Conceptual/Industrial Transformation of Automobiles
Open AccessArticle

The Transition of Samsung Electronics through Its M&A with Harman International

1
Department of International Business and Trade, Myongji University, Seoul 03674, Korea
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Department of International Business, Seoul National University, Seoul 08826, Korea
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Author to whom correspondence should be addressed.
J. Open Innov. Technol. Mark. Complex. 2019, 5(3), 51; https://doi.org/10.3390/joitmc5030051
Received: 24 June 2019 / Revised: 29 July 2019 / Accepted: 30 July 2019 / Published: 5 August 2019
The automobile industry is experiencing unprecedented change. Despite its century-old history based mostly in the art of mechanics, increased development of technology and heightened awareness of environmental issues has pushed traditional automobile manufacturers to completely re-examine their strategies. It has also newly invited nontraditional players such as electronic and IT tycoons namely, Samsung, Google, and Apple into the game. The advent of electric cars with cutting edge technology requires active participation and collaboration from diverse industries requiring cross-over joint ventures and M&As. In this light, the recent acquisition of Harman Incorporated for eight billion dollars by Samsung Electronics in 2016 is a significant event that signals great change. As the electronics tycoon expands its boundaries preparing to become an important player in the automobile industry, this study examines how Samsung increases and integrates its knowledge base and innovation capability through the M&A deal with Harman in attempts to enhance its competitiveness in the rapidly evolving automotive market. View Full-Text
Keywords: open innovation; M&A; automobile industry; autonomous driving; electric cars; post-merger integration open innovation; M&A; automobile industry; autonomous driving; electric cars; post-merger integration
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Kim, J.; Chun, M. .-S.; Nhung, D.T.H.; Lee, J. The Transition of Samsung Electronics through Its M&A with Harman International. J. Open Innov. Technol. Mark. Complex. 2019, 5, 51.

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