Garmin

Garmin Ltd., formerly known as ProNav, is a multinational technology company founded in 1989 by Gary Burrell and Min Kao. The company is headquartered in Schaffhausen, Switzerland, with operational headquarters in Olathe, Kansas, USA. Garmin specializes in GPS technology and produces a wide range of products for automotive, aviation, marine, outdoor, and sports activities.\n\nGarmin's product portfolio includes GPS receivers, avionics, wearable technology, and various other navigation and communication devices. The company is known for its innovation in wearable technology, competing with major brands like Fitbit and Apple. Garmin's devices are designed to enhance the active lifestyles of its users, offering features such as fitness tracking, health monitoring, and navigation.\n\nOver the years, Garmin has expanded its market presence and now serves five primary markets: Outdoor, Fitness, Marine, Aviation, and Auto OEM. The company's commitment to quality and innovation has made it a leader in the GPS technology industry. Garmin's products are sold in over 100 countries, and the company employs approximately 20,000 people worldwide.\n\nGarmin's history is marked by significant milestones, including its initial public offering on NASDAQ in 2000 and its legal incorporation in Switzerland in 2010. The company has consistently reported strong financial performance, with revenues exceeding $5 billion in recent years. Garmin continues to invest in research and development to maintain its competitive edge and deliver cutting-edge technology to its customers.