►Garmin reports flat Q3 result
Garmin has reported Q3 2012 results with marginal growth in revenue, operating margin and EPS. The total revenue was reported $672 million which is up 1% from $667 million in third quarter 2011. However, the revenue in the automotive / mobile segment was reported flat at $384 million. The outdoor segment revenue increased by 11% to $105 million whereas the fitness segment revenue decreased by 6% to $65 million...
►Ford tops OEM Automotive Infotainment Competitive Assessment
American multinational automaker, Ford ranks first in ABI Research’s OEM connected automotive infotainment Competitive Assessment, performing strongly in regional coverage offering SYNC in Europe, North America, and Asia and in market share. The second place is bagged BMW, excelling in regional coverage, quality, and feature set whereas Challenger Toyota took third place scoring high on quality and open platforms...
►Wearable device market to be worth over USD 1.5 bn by 2014 reports Juniper
According to a new report from Juniper Research, the next-gen wearable devices market, including smart glasses, to be worth more than $1.5 billion by 2014, which is up from $800 million this year...
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