Crmaer believes this too
12-Jun-12 15:10 ET
HAR
Harman says new technologies to accelerate 'Connected Car' vision; believes increased awareness will drive higher penetration of Harman's embedded infotainment solutions (35.97 -2.04) -Update
Harman "welcomes the recent announcements from Apple (AAPL) and Google (GOOG) regarding voice recognition and navigation tools for the automotive industry... With Apple and Google releasing voice recognition tools like Siri, and maps, Harman will have more options to choose from for these technologies going forward." Co says these applications further validate its vision of the "Connected Car", and will significantly increase awareness of their use in the car. "Contrary to the statements made by some analysts, we believe increased awareness will drive higher penetration of Harman's embedded infotainment solutions."
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