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Tag Archives: Garmin

Navico: ITC confirms import ban on Garmin DownVü

Navico – the manufacturer of marine electronics and parent company to the Lowrance, Simrad, B&G and GoFree brands – said that on Aug. 18, the International Trade Commission (ITC) ruled that Garmin DownVü scanning sonar products may not be imported into the United States, because they violate Navico’s patents for DownScan Imaging technology, according to a press release from Navico. The ...

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Garmin reports second quarter revenue and EPS growth

Garmin Ltd. (Nasdaq: GRMN – News) today announced results for the second quarter ended June 25, 2016. Highlights for the second quarter 2016 include: Total revenue of $812 million, growing 5 percent over the prior year, with fitness, outdoor, marine and aviation collectively growing 20 percent over the year ago quarter and contributing 70 percent of total revenue; Gross margin ...

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FUSION announces partnership with Buster Boats

FUSION announced Tuesday, in conjunction with long-time partner Buster Boats, a new infotainment system offered as standard equipment on most of Buster’s new models. Buster Boats recently developed Buster Q – a proprietary, smart touchscreen display integrated into the steering console of its aluminum boats, which complements and controls the FUSION components. Buster Q’s large touchscreen allows boaters to access ...

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Johnson Outdoors and Garmin announce patent litigation settlement

Johnson Outdoors Inc. (NASDAQ:JOUT) and Garmin International, Inc., a subsidiary of Garmin Ltd. (NASDAQ:GRMN) announced Friday the companies have reached agreement on a settlement which resolves litigation involving Johnson Outdoors’ patented side scan sonar technology. The announcement follows the International Trade Commission’s (ITC) rulings in the matter affirming infringement by Garmin of one Johnson Outdoors patent and non-infringement of two ...

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Garmin reports 29 percent growth in marine business

Garmin Ltd. this week announced results for the first quarter ended March 26, 2016. Highlights in the quarter include: Total revenue of $624 million, growing 7 percent over the prior year, with outdoor, fitness, aviation and marine collectively growing 17 percent over the year ago quarter and contributing 69 percent of total revenue Gross and operating margins of 54.5 percent ...

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Garmin selected as technical supplier of Artemis Racing

Garmin International Inc. announced Thursday that it has been selected as a Technical Supplier of Artemis Racing, one of the six professional sailing teams competing for the coveted 35th America's Cup. Artemis Racing will not only use Garmin marine electronics on its fleet of support boats on the water, but off the water team members will rely on Garmin cycling ...

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Utilizing parts and accessories merchandising to increase sales

There is nothing more impactful than a good first impression. A parts and accessories department’s design has a huge impact on sales – while the exact layout is ultimately dependent on the space available in the store, making it an attractive area will determine its success. “It has everything to do with any store’s ability to sell product,” said Jennifer ...

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Volvo Penta delivers latest Glass Cockpit system

MIAMI – Volvo Penta released the new generation of Glass Cockpit at the Miami Boat Show. The system is the result of Volvo Penta’s collaboration with Garmin for an advanced monitoring and control system. The application was first launched in 2013, and in a continuing collaboration with Garmin, is now available for use with both the 7600 and 8600 series ...

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Pursuit selects Garmin as electronics supplier

Garmin International Inc. announced Wednesday that Pursuit Boats, a division of S2 Yachts Inc., has selected Garmin to be its premier electronics supplier to outfit its line of offshore, center console, sport, and dual console boat configurations ranging from 18-40 feet. “We’re proud to have been selected as the exclusive electronics supplier to Pursuit Boats, a company known for delivering ...

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Navico CEO Leif Ottosson on Garmin ruling

The International Trade Commission recently ruled that Garmin's DownVu products violated Navico patents on its DownScan technology. While Navico is cheering the result, Garmin said it intends to appeal the ruling: “Garmin intentionally designed its products to prevent infringement of Navico’s patents. We disagree with the ITC and plan to appeal the determination,” said Andrew Etkind, Garmin vice president and ...

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