| Business Summary | | Garmin
Ltd.
is
a
worldwide
provider
of
navigation,
communications
and
information
devices,
most
of
which
are
enabled
by
Global
Positioning
System
(GPS)
technology.
The
Company
designs,
develops,
manufactures
and
markets,
under
the
Garmin
brand,
a
diverse
family
of
handheld,
portable
and
fixed-mount
GPS-enabled
products
and
other
navigation,
communications
and
information
products.
Each
of
the
Company's
GPS
products
utilizes
its
proprietary
integrated
circuit
and
receiver
designs
to
collect,
calculate
and
display
location,
direction,
speed
and
other
information
in
forms
optimized
for
specific
uses.
Garmin's
target
markets
consist
of
the
consumer
segment,
which
primarily
includes
marine
and
recreational
products,
and
the
aviation
segment,
which
consists
of
panel-mount
and
portable
products
for
use
in
aircraft. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Garmin
Ltd.
is
a
provider
of
navigation,
communications,
and
information
devices,
most
of
which
are
enabled
by
Global
Positioning
System
(GPS)
technology.
GPS
is
a
navigation
system
which
determines
geographic
location
using
satellite
technology.
For
the
six
months
ended
6/01,
revenues
rose
11%
to
$189.2
million.
Net
income
rose
21%
to
$60.4
million.
Results
reflect
the
introduction
of
several
new
products.
Results
also
reflect
increased
average
cash
balances. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Gary Burrell, 63 Co-Chairman,
Co-CEO | $245K | Min Kao, Ph.D., 52 Co-Chairman,
Co-CEO | 246K | Kevin Rauckman, 38 CFO,
Treasurer | 148K | Andrew Etkind, 45 Gen.
Counsel, Sec. | 177K | Gary Kelley, 54 Director
of Marketing--Garmin International, Inc. | 152K | Dollar
amounts are as of 30-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|