/PRNewswire/ The "Wearable Medical Device Market - Market Size & Forecast to 2032" report has been added to ResearchAndMarkets.com s offering. The global.
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%.