Piled-up GPS Inventory Could Take Two Months To Ease

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Piled-up GPS Inventory Could Take Two Months To Ease

By DigiTimes , published on March 31, 2008 at 11:40 AM
Source: Tom's Guide US | Keywords: navigation, gps, sales | Themes: Business

Syndication:

Brisk sales of personal navigation devices (PND) during Christmas and the Lunar New year prompted branded vendors and distributors to over-stock inventory which will likely take the market two months to ease, according to sources from Taiwan-based IC design houses. The sales guidance trim at leading GPS chipmaker, SiRF Technology, may also serve as an indicator to weak GPS/PND demand.

More here at Digitimes.