Garmin Ltd.
News and overview for Garmin Ltd.
Garmin Announces New Marine Charts: More Details at a Lower Price [Press Release]
Business Wire | 15 days 2 hours 35 minutes ago
Garmin International Inc., a unit of Garmin Ltd. (NASDAQ: GRMN), the global leader in satellite navigation, announced today the next generation of its BlueChart® g2 and BlueChart g2 Vision™ technology – giving boaters even more dimension and information to what is already considered the benchmark in marine cartography.
Garmin Reports Record Third Quarter Revenues with Strong Operating Margin and Increased Market Share [Press Release]
Business Wire | 34 days 13 hours 35 minutes ago
Garmin Ltd. (Nasdaq: GRMN) today announced third quarter results for the period ended September 27, 2008.
Garmin and Automotive OEM Celebrate Five-Year Partnership with New Navigation Systems [Press Release]
Business Wire | 29 days 13 hours 35 minutes ago
Garmin International Inc., a unit of Garmin Ltd. (NASDAQ: GRMN), the global leader in satellite navigation, announced today that it has strengthened its partnership with BMW AG, by offering two new navigation devices to enhance the already successful line of BMW Portable Navigation Systems. These Garmin devices are known as the Portable Navigation System Plus and Portable Navigation System Pro, and are available now at BMW dealerships in North America, Europe and other selected regions of the...
Garmin(R) GPSMAP(R) 696: A Big Screen Portable Aviation Navigator with U.S. Charts [Press Release]
Business Wire | 33 days 15 hours 35 minutes ago
Garmin International Inc., a unit of Garmin Ltd. (NASDAQ: GRMN), the global leader in satellite navigation, announced today the GPSMAP® 695 and GPSMAP 696, a new series of portable aviation navigation devices. As Garmin’s new flagship portable aviation product, the GPSMAP 696 incorporates the popular aviation features of the GPSMAP 496 while also adding new capabilities such as airways, electronic charts and expanded weather. In addition, the GPSMAP 696’s information is displayed on a screen ...
Garmin(R) GHP(TM) 10 Autopilot System: Now Shipping and on Display [Press Release]
Business Wire | 34 days 13 hours 35 minutes ago
Garmin International Inc., a unit of Garmin Ltd. (NASDAQ: GRMN), the global leader in satellite navigation, today announced its GHP 10 Marine Autopilot system is now shipping to dealers and will be on display for the public at the Fort Lauderdale International Boat Show (Bahia Mar electronics tent, booth #1305). Garmin also introduced the GHC™ 10 Marine RF Autopilot Remote Control – giving boaters more freedom while controlling their boat.
Will cellphones give Garmin competition?
MarketWatch | 354 days 21 hours 27 minutes ago
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Garmin(R) Signs Letter of Intent to Acquire Swedish Distributor [Press Release]
Business Wire | 60 days 13 hours 35 minutes ago
Garmin Ltd. (NASDAQ: GRMN) announced today that it has signed a letter of intent for the proposed acquisition of Sportmanship International AB (“Sportmanship”), the distributor of Garmin’s consumer products in Sweden. The completion of the acquisition is subject to the negotiation and execution of a definitive acquisition agreement, the completion of legal and financial due diligence and customary closing conditions. The acquisition is expected to be completed in December 2008.
Team Garmin Edition of Edge 705 GPS-Enabled Cycling Computer is Made Available to the Public [Press Release]
Business Wire | 70 days 14 hours 35 minutes ago
Garmin International Inc., a unit of Garmin Ltd. (NASDAQ: GRMN), the global leader in satellite navigation, announced today that its innovative line of Edge cycling computers will now include a Team Garmin model, inspired by the iconic orange and blue argyle pattern made popular around the world by professional cycling's Team Garmin-Chipotle presented by H3O. The Team Garmin Edge 705 is being introduced this week at Interbike in Las Vegas.
Garmin(R) Enhances Functionality of Fleet Management Interface [Press Release]
Business Wire | 50 days 14 hours 35 minutes ago
Garmin International Inc., a unit of Garmin Ltd. (NASDAQ: GRMN), the global leader in satellite navigation, announced that it has launched improvements to its Fleet Management Interface (FMI) system to include highly requested features such as canned responses and messages, driver ID and driver status protocol. Garmin’s FMI service is integrated with leading mobile resource management companies to enable fleet tracking, messaging, dispatch and navigation directly on Garmin’s portable navigati...
Garmin(R) Announces the GPSMAP(R) 600 Series: Touchscreen, Rugged and Ready for Land or Sea [Press Release]
Business Wire | 60 days 13 hours 35 minutes ago
Garmin International Inc., a unit of Garmin Ltd. (NASDAQ: GRMN), the global leader in satellite navigation, today announced the GPSMAP 640 – an ultra portable and rugged touchscreen navigator that comes preloaded with a comprehensive set of street maps and marine charts. Garmin also introduced the GPSMAP 620, which shares the same intuitive interface and is designed for markets outside the United States.
Garmin(R) Introduces New Line of VHF Marine Radios [Press Release]
Business Wire | 63 days 13 hours 35 minutes ago
Garmin International Inc., a unit of Garmin Ltd. (NASDAQ: GRMN), the global leader in satellite navigation, announced today the VHF 100 and VHF 200, two new powerful VHF radios designed for both OEM and aftermarket applications.
Garmin Plans To Acquire Distributors In Belgium, Finland
MarketWatch | 274 days 12 hours 14 minutes ago
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Garmin 4th Quarter Climbs, Helped By Auto/Mobile Unit Revenue
MarketWatch | 286 days 11 hours 25 minutes ago
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Garmin Ltd. Invites You to Listen to Its Third Quarter 2008 Earnings Call [Press Release]
Business Wire | 63 days 9 hours 5 minutes ago
Garmin Ltd. (Nasdaq: GRMN) invites shareholders and investors to listen to its third quarter 2008 earnings conference call that will be broadcast over the Internet on Wednesday, October 29, 2008 at 11 a.m. ET, with executives of Garmin. The call will be held in conjunction with the company's earnings release, which will be distributed prior to market open on October 29, 2008.
Garmin Reports Record Second Quarter Revenues on Strength of Automotive/Mobile and Outdoor/Fitness Segments [Press Release]
PRNewswire | 125 days 8 hours 35 minutes ago
CAYMAN ISLANDS, July 30 /PRNewswire-FirstCall/ -- Garmin Ltd.
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Company Overview
| Company: | Garmin Ltd. |
|---|---|
| Industry: | Satellite & Broadcast Network Equipment |
| Website: | http://www.garmin.com |
You may not know where you're headed, but Garmin can tell you where you are. The company manufactures navigation products that use global positioning system (GPS) technology to wirelessly deliver geographic location data through satellite communications. Its portable products incorporate electronic maps and navigational charts. Garmin also makes communications devices which combine cellular and GPS technology. Boat maker Ranger and airplane maker New Piper incorporate Garmin equipment into their vehicles. The company sells its consumer products through retailers including Bass Pro Shops, Best Buy, and Wal-Mart. Chairman and CEO Min Kao owns about 23% of Garmin.
Key Numbers
| Sales in U.S. Dollars (mil.) | 3,180.3 (2007) |
|---|---|
| One-year % Growth in Sales | 79.3 (2007) |
| Net Income in U.S. Dollars (mil.) | 855 (2007) |
| One-year % Growth in Net Income | 66.3 (2007) |
| Number of Employees | 8,434 (2007) |
| One-year % Growth in Number of Employees | 77.5 (2007) |
| Fiscal Year-End | December |
