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Samsung to Buy U.S. Auto-Parts Supplier Harman for $8Billion

Samsung to Buy U.S. Auto-Parts Supplier Harman for $8Billion

With this big deal South Korean smart phone maker Samsung to enter Auto-Parts Supplier business.Samsung Electronic Company said it would buy Harman International Industries Inc;a Stamford,Conn based U.S. Auto-Parts for $8 billion,in an all cash deal.This would make Samsung instantly a major business company dealing in Automotive technology.