Garmin Ltd (GRMN)
Frequently Asked Questions About Garmin Ltd (GRMN)
Does Garmin offer any fitness tracking features?
Yes, Garmin offers a variety of fitness tracking devices that monitor activities such as steps, distance, heart rate, and sleep patterns. Their fitness wearables often include specialized features for running, cycling, swimming, and other outdoor activities, leveraging GPS technology for accurate tracking.
How does Garmin contribute to environmental sustainability?
Garmin is committed to environmental sustainability through initiatives that reduce its carbon footprint, promote responsible sourcing, and use eco-friendly materials in its products. The company has implemented sustainable practices in its manufacturing processes and is actively working to minimize waste.
How does Garmin support user privacy?
Garmin takes user privacy seriously, implementing data protection measures to secure personal information collected through their devices and services. They provide transparency in data handling practices and allow users to manage their privacy settings within their accounts.
How does Garmin's navigation technology work?
Garmin's navigation technology primarily relies on GPS (Global Positioning System) signals to accurately determine the location of users. The devices use satellite data to provide real-time directions, traffic updates, and route planning, making them essential tools for travelers and explorers.
How has Garmin evolved over the years?
Over the years, Garmin has evolved from being a niche player focused on aviation GPS devices to a leading global brand in multiple consumer and commercial markets. The company has continually innovated to incorporate advanced technologies such as smart capabilities, health tracking features, and connectivity options into their products.
Is Garmin publicly traded?
Yes, Garmin Ltd. is publicly traded on the NASDAQ stock exchange under the ticker symbol GRMN. The company has been listed since 2000 and has established a robust presence in the investment community.
What are some popular products offered by Garmin?
Garmin offers a diverse range of products including GPS devices for automotive navigation, handheld GPS units for hiking and outdoor activities, fitness wearables such as smartwatches, marine electronics like fishfinders and chartplotters, and aviation instruments.
What are some recent developments from Garmin?
Garmin continually releases new products and updates to existing ones. Recent developments include the launch of advanced fitness wearables with enhanced health monitoring features, improved GPS mapping software, and more robust aviation and marine solutions that incorporate smart technology and connectivity.
What awards has Garmin received?
Garmin has received numerous industry awards and recognitions for its innovation, design, and technology leadership. These accolades highlight the company's commitment to excellence in product development across various categories, particularly in fitness and navigation technologies.
What does Garmin Ltd do?
Garmin Ltd is a multinational technology company that specializes in the design and manufacture of GPS-related products, tailored for automotive, aviation, marine, outdoor, and fitness sectors. Their innovative products include navigation systems, wearable fitness devices, action cameras, and advanced avionics, catering to a wide array of consumer needs.
What is Garmin Connect?
Garmin Connect is an online platform and mobile app that allows users to track and analyze their fitness activities and health metrics. It enables seamless synchronization with Garmin devices, providing insights into performance, personalized coaching, and a community for sharing achievements.
What is Garmin's approach to innovation?
Garmin's approach to innovation is centered around continuous research and development, leveraging cutting-edge technology to enhance their product offerings. The company invests heavily in R&D to integrate features like advanced sensors, connectivity, and intuitive interfaces to provide users with functional and high-quality products.
What is Garmin's customer service like?
Garmin prides itself on providing excellent customer service, offering support through various channels including phone, web chat, and online resources. They have a comprehensive help center that addresses common queries, and they also provide warranty options to ensure customer satisfaction.
What is the future outlook for Garmin?
The future outlook for Garmin appears promising, as the company continues to innovate and adapt to changing consumer demands and technological advancements. With a strong market presence, investment in R&D, and a commitment to quality, Garmin is well-positioned for growth in both existing and emerging markets.
What markets does Garmin operate in?
Garmin operates in several key markets, including automotive, aviation, marine, outdoor recreation, and fitness. Each market offers distinct products that are designed to meet specific consumer needs and enhance user experiences through advanced technology.
What types of aviation products does Garmin provide?
Garmin offers a wide range of aviation products, including flight displays, navigation systems, autopilot systems, and weather monitoring tools. Their avionics products are widely used in civil aviation, providing pilots with advanced technology to enhance safety and performance.
When was Garmin founded?
Garmin was founded in 1989 by Gary Burrell and Min Kao. The company was initially established to develop GPS technology for aviation, and over time it has expanded its product offerings to include consumer electronics and personal navigation devices.
Where is Garmin headquartered?
Garmin Ltd. is headquartered in Olathe, Kansas, USA. The company has a significant presence globally, with offices and manufacturing facilities in various countries around the world.
What is the current price of Garmin Ltd?
The current price of Garmin Ltd is 178.46
When was Garmin Ltd last traded?
The last trade of Garmin Ltd was at 7:00 pm EDT on April 4th, 2025
What is the market capitalization of Garmin Ltd?
The market capitalization of Garmin Ltd is 34.14B
How many shares of Garmin Ltd are outstanding?
Garmin Ltd has 191.29M shares outstanding.