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20.12.25 - 20:06
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Global auto sales set for modest rebound in 2026, Garmin executive says (Digitimes)
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Global automotive sales are likely to edge higher in 2026, returning roughly to pre-pandemic levels, but the industry should not expect a swift or robust recovery, according to Jay Shen, managing director of the Garmin Asia Auto OEM Group. While demand is improving compared with 2025, he said, structural pressures and policy uncertainty will continue to weigh on growth....
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17.10.25 - 11:06
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Garmin expands Taiwan investment amid record 2Q25 revenue (Digitimes)
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Garmin's second quarter 2025 financial report hit a new record, with total revenue reaching US$1.815 billion, up 20% from the same period in 2024. Operating profit grew 38% year-over-year to US$472 million, with an operating margin of 26%, while the overall gross margin remained high at 58.8%. The strong performance highlights the company's solid profitability and technological competitiveness. Among its product lines, fitness and recreation products led with a 41% year-over-year increase, reflecting growing consumer interest in personalized health monitoring and smart sports technology, as well as global demand for wearable devices....
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30.07.25 - 13:36
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Garmin Ltd Q2 Profit Increases, Beats Estimates (AFX)
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OLATHE (dpa-AFX) - Garmin Ltd (GRMN) revealed a profit for its second quarter that Increased from the same period last year and beat the Street estimates.The company's bottom line came in at $400.......
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