Garmin Ltd. (Public - NASDAQ:GRMN) is provider of navigation, communication and information devices and applications, many of which are enabled by Global Positioning System (GPS) technology. Garmin designs, develops, manufactures and markets a range of hand-held, portable and fixed-mount GPS-enabled products and other navigation, communications and information products for the automotive/mobile, outdoor, fitness, marine, and general aviation markets. The Company operates five segments, including Automotive/Mobile, Aviation, Marine, Outdoor and Fitness. As of December 28, 2013, Garmin’s non-aviation products are sold in approximately 100 countries through a worldwide network of approximately 4,000 independent dealers. The Company sells its products in the United States, Europe, Middle East, Australia/New Zealand and Africa.
David versus Goliath in fishing Peru
A little more than three years ago, the government of the People's Republic of China surprised the world by reporting that its distant water industrial vessels, which fish for squid at the edge of the...