Samsung buys Harman 2016-11-15 10:20:45

Samsung buys a famous car multimedia developer - Harman. Harman company cooperate with famous European car brands, also with motorcycle developer Harley Davidson. The deal will cost 8 billion dollars. Samsung plans to put in available funds to improve Harman production. With the new business, the company also will receive good relationships with European car brands, that will allow Samsung to strengthen position in the automobile market.

From the beginning of the year, Samsung stocks increased by 25,2%. This is a stable growing trend, that traders can use to make income deals. Trading will be available during the European session, from 8:00 to 15:00 GMT.

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