Garmin Ltd - Company Profile
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View moreGarmin Ltd (Garmin) manufactures and markets hand-held, portable, and fixed-mount GPS-enabled products. Distribution network, focus on R&D, and wide geographic presence, are the company’s major strengths, whereas increase in liabilities remains a major cause for concern. Acquisition of JL Audio, launch of new products, global aircraft industry, and global automotive manufacturing industry are likely to offer growth opportunities to the company. However, foreign exchange risks, dependence on suppliers, and intense competition could affect its business opportunities.
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