After a Digitimes report today, clarifications came from Garmin to explain the company position and disputes the claims made in the DigiTimes. You can read below Garmin press release, but the most interesting to know for the community is that Garmin have currently Android-based phone under development however there is no additional information about that product at this time.
“Although the press release doesn’t refer to the nüvifone specifically, you should also be aware that the information DigiTimes reported about the nüvifone was also inaccurate.” A Garmin Spokesperson told OHM, ” The nüvifone we announced in January 2008 does not have an Android OS. The nüvifone OS is based on a modified version of Linux. “
Garmin is one of the 14 new members who joined recently the OHA. Stay updated with OHM, there is more coming in 2009 !
Below the press release :
CAYMAN ISLANDS/December 22, 2008/Business Wire – Garmin Ltd. (NASDAQ: GRMN), the global leader in satellite navigation, is disputing a Monday, December 22 report in the DigiTimes trade publication entitled, “Garmin expects to ship 18 million GPS PNDs in 2008.” The story contains a number of inaccuracies in both sales figures and product rollout schedules.
“Black Friday sales from our customers were what we expected and gross margins remain relatively strong,” said Kevin Rauckman, Garmin’s CFO and treasurer. “However, the December sales environment is weaker, which we attribute to our retail customers’ desire to exit the year with lower levels of inventory.”
As is customary, Garmin will update investors during its fourth quarter 2008 earnings call, scheduled for February 25, 2009.
About Garmin
The global leader in satellite navigation, Garmin Ltd. and its subsidiaries have designed, manufactured, marketed and sold navigation, communication and information devices and applications since 1989 – most of which are enabled by GPS technology. Garmin’s products serve automotive, mobile, wireless, outdoor recreation, marine, aviation, and OEM applications. Garmin Ltd. is incorporated in the Cayman Islands, and its principal subsidiaries are located in the United States, Taiwan and the United Kingdom. For more information, visit Garmin’s virtual pressroom at www.garmin.com/pressroom or contact the Media Relations department at 913-397-8200. Garmin is a registered trademark of Garmin Ltd.