[Reuters] Analysis: Losing their way, PND makers in dash for new revenue

Posted by: UGN Security

[Reuters] Analysis: Losing their way, PND makers in dash for new revenue - 08/09/11 01:55 PM

BANGALORE/AMSTERDAM (Reuters) - Demand for personal navigation devices (PNDs), the must-have gadget of recent years, is declining as traffic and mapping functions become almost standard in cars and mobiles, forcing Garmin Ltd and Dutch rival TomTom NV to find new revenue drivers to get profits back on course.