Global Sourcing Service for China,Taiwan,Asia Strategic Sourcing and Procurement Sourcing Provider: Taiwan's GPS Makers to See Global Market Share of Over 50%

From:http://www.ready-sourcing.com/sourcing-news/auto/gps_industry.html

GPS suppliers, including such large-sized ones as MiTAC International
Corporation, Inventac Appliances Corp., and Quanta Computer Inc., as well as
smaller ones including RoyalTek Company Ltd., HOLUX Technology Inc., and
Universal Scientific Industrial Co., Ltd., have set up an integrated supply
chain in the industry.

(Taiwan Economic News Via Thomson Dialog NewsEdge) Taipei, April 4, 2007
(CENS)--With global market demand for portable navigation devices increasing to
16 million units in 2007, and a projected shipment growth of 10% for next year,
Taiwanese suppliers of global positioning system (GPS) products are expected to
command a global market share of over 50% this year, according to
government-funded Market Intelligence Center (MIC)
Taiwan's suppliers of GPS, including such large-sized ones as MiTAC
International Corporation, Inventac Appliances Corp., and Quanta Computer Inc.,
as well as smaller ones including RoyalTek Company Ltd., HOLUX Technology Inc.,
and Universal Scientific Industrial Co., Ltd., have set up an integrated supply
chain in the industry. This also prompts a large-sized international GPS brand
Garmin, which has been listed on the U.S. stock exchange market, to build its
manufacturing plant in Taiwan. However, MiTAC projects higher market demand for
GPS at over 25 million units this year, for an annual growth of 60%. The company
expects total shipment to reach 8 million GPS devices, including 4.8 million and
5 million units for Mio- and Navman-branded GPS, respectively, and 3-3.2 million
units produced on an ODM basis
MiTAC, focusing promotion on own brand Mio and acquiring another brand Navman
lately, projects sales from the two brands to contribute 40% of annual revenue
this year from 30% posted last year, and will aim for the world's No. 2 GPS
supplier. On the other hand, the remaining Taiwan-based GPS suppliers still
manufacture on an OEM or ODM basis.
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