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ASUS to cease cooperation with Garmin

Posted on Monday, October 25 2010 @ 21:03:27 CEST by

Asustek announced it will end its partnership with GPS maker Garmin as the alliance did not deliver the expect sales volume:
Asustek, which sells laptops and mobile phones carrying its own name, is set to give more details on Tuesday, a company official said.

"The smartphone market is seeing huge growth, but the Garmin-Asus alliance has, to date, delivered disappointing volumes," said Canalys analyst Tim Shepherd.

Garmin will now likely seek to close its own smartphone business as it has indicated it is ready to do, Shepherd said.
Source: Reuters



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