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US auto parts

Samsung to buy US auto parts supplier Harman for $8 bn

SEOUL: Samsung Electronics said Monday it would buy US auto parts maker Harman International Industries for $8 billion in a bid to enter the growing market for automotive technology to produce "connected" cars. The deal, the biggest in the firm's history, will provide a chance for the tech titan to move past the exploding Galaxy Note 7 crisis that is expected to cost it billions of dollars as well as its cherished reputation. Board members of Samsung -- the world's largest producer of smartphones -- approved the…