Garmin® selected as tier 1 partner to design and manufacture vehicle infotainment modules

4 Mar by Vitaliy Dadalyan

Garmin® selected as tier 1 partner to design and manufacture vehicle infotainment modules

SCHAFFHAUSEN, Switzerland–(BUSINESS WIRE)–Garmin Ltd. (NASDAQ: GRMN) today announced that the Garmin automotive
OEM (original equipment manufacturer) group has been selected as the
lead design and production partner of infotainment modules for the BMW
Group. These modules will be manufactured in Garmin’s auto OEM-qualified
production facilities in the United States and Europe. Garmin will
establish a new manufacturing facility in Europe to support this project.

“Being selected by BMW AG as the lead development partner and production
supplier validates Garmin as a tier 1 supplier to the world’s most
respected brands,” said Matt Munn, Garmin automotive OEM managing
director. “We are honored by the confidence BMW AG has entrusted in
Garmin, and look forward to leveraging our shared commitment to agile
development methodologies to deliver world-class infotainment solutions
for BMW Group vehicles.”

The Garmin automotive OEM group leverages the company’s long-standing
experience in user interface, hardware design and complex system
integration from its automotive, avionics and marine segments to develop
comprehensive, integrated infotainment and cockpit solutions. The
company’s diverse manufacturing capabilities support a broad range of
in-vehicle electronic solutions for the automotive industry, including
intelligent video driving recorders and computing models. Garmin
currently has dedicated automotive OEM offices throughout the Americas,
Europe and Asia and will be expanding its automotive OEM footprint and
global capacity to effectively serve BMW production requirements.

Garmin OEM provides user-friendly products that are not only sought
after for their compelling design, superior quality and best value, but
they also have innovative features that enhance the lives of our
customers. To learn more, visit auto-oem.garmin.com.

About Garmin Ltd

For decades, Garmin has pioneered new GPS navigation and wireless
devices and applications that are designed for people who live an active
lifestyle. Garmin serves five primary business units including
automotive, aviation, fitness, marine, and outdoor recreation. For more
information, visit Garmin’s virtual pressroom at garmin.com/newsroom,
contact the Media Relations department at 913-397-8200, or follow us at facebook.com/garmin,
instagram.com/garmin,
twitter.com/garmin,
or youtube.com/garmin.

Garmin Ltd. is incorporated in Switzerland, and its principal
subsidiaries are located in the United States, Taiwan and the United
Kingdom. Garmin is a registered trademark of Garmin Ltd.

Notice on Forward-Looking Statements:

This release includes forward-looking statements regarding Garmin Ltd.
and its business. Such statements are based on management’s current
expectations. The forward-looking events and circumstances discussed in
this release may not occur and actual results could differ materially as
a result of known and unknown risk factors and uncertainties affecting
Garmin, including, but not limited to, the risk factors listed in the
Annual Report on Form 10-K for the year ended December 29, 2018, filed
by Garmin with the Securities and Exchange Commission (Commission file
number 0-31983). A copy of such Form 10-K is available at http://www.garmin.com/aboutGarmin/invRelations/finReports.html.
No forward-looking statement can be guaranteed. Forward-looking
statements speak only as of the date on which they are made and Garmin
undertakes no obligation to publicly update or revise any
forward-looking statement, whether as a result of new information,
future events, or otherwise.

Contacts

Garmin International Inc.
Cesar A. Palacios, 913-397-8200
[email protected]