Garmin

Garmin is a company that makes GPS navigation devices. Gary Burrell and Min Kao founded it in 1989 in Lenexa, Kansas, and the company is now registered in Switzerland, with its main office in Olathe, Kansas. The company reports results in dollars. Cliff Pemble has been chief executive since 2013, following Min Kao. Garmin runs research and manufacturing sites in several countries, including Taiwan.

Garmin sells sports watches, bike computers, fitness trackers, marine chartplotters, aviation avionics and handheld GPS units. Its Forerunner and Fenix watches are popular with runners and outdoor athletes. It also sells car navigation units and dash cameras.

The company makes many of its products in Taiwan and the United States. It acquired Tacx, Firstbeat and other businesses to expand its fitness line. Garmin is listed on the New York Stock Exchange. Garmin makes much of its revenue from its fitness and outdoor lines. Competitors include Apple, Polar and Suunto.