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Weak PND market worries GPS chip suppliers PDF Print E-mail
Trendwatch
By Digitimes   
Friday, July 11, 2008 09:01


With global demand of Portable Navigation Device (PND) products declining rapidly in the first quarter and inventory building up, the average selling price (ASP) for PNDs trended downward through the second quarter, and GPS chipmakers are struggling to see any sign of recovery in the third quarter, industry players. The players pointed out while smartphone makers started to integrate GPS functionality into their devices, there was confidence in the market that PND sales would continue growing.

More here at Digitimes.

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