Harman Kardon 2010 Annual Report Download - page 10

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7HARMAN Annual Report 2010
Our grateful customers have responded to HARMAN’s track record for
innovation and execution with new multi-year projects that add to an
awarded business backlog exceeding $12 billion.
Fiscal Year 2010 was a transformative period
for HARMAN’s automotive business, where
we grew our sales by 23 percent to $2.5 billion
and returned to profi tability. We began the fi scal
year by completing successful delivery of what
is believed to be the largest-ever backlog of
major audio and infotainment projects in
the automotive supply sector. Thirteen model
platforms were launched for eight different
global automakers, spanning custom in-car
branded audio, navigation, hands-free
communication and driver assist technologies.
Our customers responded by awarding
HARMAN with signifi cant new business
during the year. BMW and Daimler selected
our premium infotainment systems for
their upcoming luxury platforms, and
Chrysler specifi ed our branded audio for
their SRT series of high-performance vehicles.
BMW awarded our company an additional
infotainment contract for entry-level luxury cars
and we launched new branded audio systems
for several automakers.
During the fi scal year, we introduced a game-
changing new scalable infotainment platform
that serves a new range of vehicle price points.
Toyota selected the new system for its
fi rst non-Japanese infotainment contract,
followed shortly by a global infotainment
award from Chrysler/Fiat. We launched
our new HALOSonic™ noise management
technology for electric vehicles in cooperation
with Lotus Engineering, and partnered with
others to standardize the interface between
smart phones and in-car systems. We formed
a strategic partnership with China’s Neusoft
Corporation to develop advanced technologies
for automotive and consumer electronics.
Complementing our established leadership in
Europe and the Americas, HARMAN invested
during the fi scal year in new resources to
serve the fast-growing emerging markets.
We are dramatically increasing capacity at our
automotive manufacturing facilities in China and
Hungary. We also opened new group offi ces
and R&D facilities in both India and China.
AUTOMOTIVE AUDIO AND INFOTAINMENT
(opposite) Acoustic testing the
iconic Ferrari California, equipped
with premium JBL Professional
audio and HARMAN infotainment
systems.
(below/left) HARMAN’s Porsche
Communication Management
system with 3-D navigation,
Bluetooth® wireless telephone, and
voice-activated control for audio
and entertainment functions.
(below/middle) HARMAN
GreenEdge™ technology
delivers energy-saving audio and
infotainment in the Rinspeed electric
Urban Commuter Vehicle without
compromising performance.
(below/right) HARMAN introduces
its scalable, next-generation
infotainment system in Shanghai,
bringing full-featured audio,
navigation and communications
to premium mid-market vehicles.