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Tag Archives: Garmin

ITC judge issues determination in Garmin/Navico case, Garmin to appeal

An Enforcement Initial Determination filed by an Administrative Law Judge at the International Trade Commission made an initial determination in the enforcement proceeding brought by Navico, Inc. against Garmin. The ALJ’s initial determination concluded that Garmin’s sale of certain DownVü sonar products violated the ITC’s December 2015 orders arising from a previous Navico-Garmin ITC investigation. The ALJ recommends a fine ...

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Garmin acquires Active Corporation

Garmin Ltd. (NASDAQ: GRMN) announced that it has acquired Active Corporation, a developer of crowd-sourced rich content for boaters, marketed as ActiveCaptain. ActiveCaptain is a community based, electronic marine database that contains near real-time information about marinas, anchorages, local points of interest and marine hazards – most of which is user-generated – for cruising and sailing destinations around the world. ...

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Garmin reports first quarter 2017 revenue and earnings growth

Garmin Ltd. (Nasdaq: GRMN – News) announced results for the first quarter ended April 1, 2017. Highlights for the first quarter 2017 include: Total revenue of $639 million, growing 2 percent over the prior year, with marine, outdoor, aviation and fitness collectively growing 12 percent over the prior year quarter and contributing 75 percent of total revenue Gross margin improved ...

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Garmin reports solid fiscal 2016 revenue and operating income growth

Garmin Ltd. (Nasdaq: GRMN – News) announced results for the fiscal year ended Dec.31, 2016. Garmin’s total revenue was $3.019 billion for all of 2016, growing 7 percent over the previous year with outdoor, fitness marine and aviation collectively growing 21 percent over the previous year and contributing 71 percent of total revenue. Gross and operating margins were 55.6 percent ...

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Yamaha selects Garmin for new integrated marine display

Garmin International Inc., a unit of Garmin Ltd. (NASDAQ:GRMN), announced that Yamaha Marine Group has selected the Garmin 7-inch GPSMAP multi-function display platform to power its new CL7 multi-touch display. As the primary display for Command Link Plus and Helm Master, Yamaha’s fully integrated boat control system, the CL7 is fully network capable for NMEA 2000 and the Garmin Marine ...

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Garmin reports Q3 revenue and EPS growth; raises guidance

Garmin Ltd. (Nasdaq: GRMN – News) announced Wednesday results for the third quarter ended Sep. 24, 2016. Highlights for the third quarter 2016 include: Total revenue of $722 million, growing 6 percent over the prior year, with fitness, outdoor, marine and aviation collectively growing 24 percent over the prior year quarter and contributing 70 percent of total revenue; Gross margin ...

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ITC releases public opinion on Garmin appeal

The U.S International Trade Commission (ITC) released its public opinion this week to the Federal Appeals Court on an appeal filed by Garmin in its dispute with Navico. In December 2015, Navico said the ITC ruled that Garmin DownVu scanning sonar products violate Navico’s patents for DownScan Imaging Technology. Garmin released a service bulletin in response stating the company would ...

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Navico responds to Garmin’s comments on ITC order

In a statement released on Aug. 30, Navico offered a response to Garmin’s comments on the International Trade Commission’s (ITC) Aug. 18 order: In September of 2015, Navico first informed Garmin that its tilted “design around” infringes Navico’s patents for DownScan Imaging technology. On December 1, 2015, in accordance with normal International Trade Commission practice, the Commission informed Garmin that, “if ...

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Garmin responds to ITC order, Navico statements

Garmin International Inc., a unit of Garmin Ltd. on Monday announced its response to a modified order by the International Trade Commission on August 18, 2016, in the long-running investigation brought by Navico Holdings AS against Garmin. Navico issued its response last week. Garmin has said it disagrees with Navico's interpretation of the order. The modified ITC order did not ...

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Garmin plans $200 million campus expansion

Garmin International Inc., a unit of Garmin Ltd. (NASDAQ: GRMN), announced Friday that it was breaking ground on a $200 million dollar facility expansion at its Olathe, Kansas campus. The campus expansion is designed to position the technology company for the future. “This is a significant investment in our associates and our company’s future,” said Cliff Pemble, Garmin CEO. “Our vision ...

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