Garmin
Garmin Ltd. (shortened to Garmin, stylized as GARMIN, and formerly known as ProNav) is an American, Swiss-domiciled multinational technology company founded in 1989 by Gary Burrell and Min Kao in Lenexa, Kansas, United States, with headquarters in Olathe, Kansas. Since 2010, the company is legally incorporated in Schaffhausen, Switzerland.
| Company type | Public |
|---|---|
| ISIN | CH0114405324 |
| Industry | Technology |
| Founded | October 1989 (as ProNav) in Lenexa, Kansas, U.S. |
| Founders | |
| Headquarters |
|
Key people | Cliff Pemble (President & CEO) Min Kao (Chairman) Doug Boessen (CFO) |
| Products | GPS receivers, avionics, wearable technology |
| Revenue | US$4.86 billion (2022) |
| US$1.03 billion (2022) | |
| US$974 million (2022) | |
| Total assets | US$7.73 billion (2022) |
| Total equity | US$6.20 billion (2022) |
Number of employees | 19,700 (2022) |
| Subsidiaries | |
| Website | garmin |
| Footnotes / references | |
The company specializes in GPS technology for automotive, aviation, marine, outdoor, and sport activities. Due to their development in wearable technology, they have also been competing with activity tracker and smartwatch consumer developers such as Fitbit and Apple.
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