Garmin pledges further investment
Mr Chen says consumers continue to be health-conscious and many engage in outdoor activities.
Garmin Corporation, a global GPS technology firm, has opened a Thai office and vowed to invest more in the Thai market to capitalise on the growth of smart wearable devices and navigation systems based on digital lifestyles and health-conscious trends.
"We decided to open the office in Thailand to widen the business opportunities beyond customer and project-based solutions to cover the corporate market and increase after-sales services to customers," said Sky Chen, sales director of Garmin Thailand, during the office launch.
Garmin's global revenue grew 11% year-on-year in 2020, setting a new record of US$4.19 billion, pushed up by the pandemic. Profit surged 60%.

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