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Piled-up GPS Inventory Could Take Two Months To Ease

 

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.