Harman International Industries Inc./DE/ (NYSE:HAR), the audio and infotainment equipment company is in the news these days mainly because of its innovative projects in the autonomous cars and internet of things domain. Speaking on Fox News, Harman International Industries Inc./DE/ (NYSE:HAR)’s CEO Dinesh Paliwal shed some light on various aspect of the upcoming projects by his company and market chances. Paliwal told Fox News that in order to minimize the quality losses from the audio which are caused by the digitization process at the time of recording, Harman International Industries Inc./DE/ (NYSE:HAR) is developing a technology called “Clarify” that will deliver the same audio quality that was at the time of recording.
“We’ll be launching this technology in the cars so that you can listen all the stream music, whether Spotify or Pandora or anything, at the level of CD quality,” said Paliwal.
Answering the question about the Auto sector of the audio business, Paliwal said that the business in the audio sector is good and the concept of autonomous cars and self-driven cars has created a lot of opportunities for the companies. Paliwal said that his company is partnering with Google Inc (NASDAQ:GOOGL) to bring the cars closest to the fully connected lifestyle.
Pilawal further told that his company is the first to test the software architecture that will fight the cyber security threats, specifically for the cars.
Commenting on his latest acquisition of AMX, the affiliate of The Duchossois Group, Inc., Paliwal told Fox news that AMX is a world leader in the Enterprise automation and Harman International Industries Inc./DE/ (NYSE:HAR) is focusing a lot on the automation at wider scales.
“We had the audio, we had the lighting and now we got video and enterprise automation,” said Paliwal.
Paliwal said that his company is mainly focusing on the algorithms and software techniques to refine and tune up the audio quality. He said that the Apple Inc. (NASDAQ:AAPL) Beats deal purpose was difficult to understand but whatever the purpose was, it’s good for the industry.