Handset makers crowd TomTom, Garmin on GPS turf

11/15/2007 | Bloomberg

Handset makers such as Nokia will sell 48% more phones equipped with GPS this year than last, and automakers are rolling out more new models with navigational systems, according to a study by iSuppli. The trends could be bad news for established manufacturers of GPS devices such as TomTom and Garmin.

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