PREMIUM
Is Garmin’s future back in the car market?
New opportunities in driverless vehicles emerge for the creator of brilliant activity trackers and sports watches. Elsewhere, the world's largest company is suffering from the sort of supply chain issues affecting many smaller businesses
When Google launched its map function on Android and iOS in 2008 giving all smartphone users access to free ‘GPS turn-by-turn navigation along with dedicated parking assistance features,’ it looked like it would be only a matter of time before Garmin (US: GRMN) disappeared. That year the company made $2.5bn of its total $3.5bn in sales from its automotive division.
But even then Gary Burrell and Min Kao - the founders who lent their…
Continue reading our content…
Gain access to all our excellent content for just £90 per year, that’s just 25p per day for financial freedom.
- Unlimited access to our market-beating portfolios
- In-depth coverage of many of the world’s great companies
- Unique insights from our top research team
Register FREE for access to limited content.
- Company and markets insights
- Sponsored content
- Podcasts
Previous article Next article
