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Garmin sees sales growth in 4Q08; increases global PND market share

Meiling Chen, DIGITIMES, Taipei 0

Garmin has reported sales of US$1.05 billion for the fourth quarter of 2008, up 20% sequentially but down 14% on year. Gross margin was 41.1%, representing a slight decline from 44.3% in the third quarter and 41.8% in the same period of 2007. Sales...

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