Garmin

Garmin Ltd. is a group of companies that designs, manufactures, markets and sells navigation, communication and information devices and applications, most of which are enabled by GPS technology.

Garmin issues BlueChart recall

Garmin Ltd. is conducting a voluntary product safety recall of the 2009 version of its marine cartography data card known as BlueChart g2 and g2 Vision. The affected data cards were sold between April 8 and June 3. In certain waters, the data card provides inaccurate indications of the depth of the water, which creates…more

Garmin reports 1Q results

Garmin today reported a 34 percent decrease in overall revenue for the first quarter ending March 28, including a 32 percent decrease in the marine segment. Total revenue of $437 million was reported, down from $664 million in the first quarter of 2008. Marine segment revenue was $38 million for the quarter. Significant decreases of…more

Garmin says trade publication’s report is inaccurate

Garmin Ltd. issued a press release disputing a recent report in the DigiTimes trade publication titled, “Garmin expects to ship 18 million GPS PNDs in 2008.” The story contains a number of inaccuracies in both sales figures and product rollout schedules, according to Garmin. “Black Friday sales from our customers were what we expected, and…more

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