Garmin was founded in 1989 by Gary Burrell and Min H. Kao. They were originally called "ProNav" and specialized in providing GPS devices. Their first customer was the US Navy.
Over time, Garmin has established itself in the marine and aviation industry with sophisticated GPS systems and advanced support technology, becoming one of the leading companies in navigation platforms.
Over the past 35 years, Garmin has continued to expand its product portfolio, from integrated cockpit systems to smartwatches that help pilots in flight. Garmin also offers Autoland, an automated technology that enhances aircraft safety.
Today, Garmin remains a partner in providing safety technology to airlines and pilots worldwide, making an important contribution to the sustainable development of the aviation industry.
Mr. Scoppen Lin, Vice President of Garmin Asia
2024 marks the 35th anniversary of Garmin's official presence on the market. After more than 3 decades of development with many important milestones, Garmin is now considered a pioneer and leader in the GPS positioning device market serving many fields.
“ We believe that every day is an opportunity to change and grow,” said Scoppen Lin, Vice President of Garmin Asia. “Starting with GPS devices for aviation, Garmin has continuously explored and expanded into many other fields such as marine, automotive, outdoor activities and sports training. As a result, we have become a leader in the smart device market for sports enthusiasts. Therefore, the 35th anniversary milestone means a lot to all Garmin partners around the world .”
The leader said he feels extremely proud to see Garmin watches on the hands of customers, whether they are professional athletes conquering major tournaments or ordinary users training to achieve personal goals. "This motivates us to continue to innovate and improve our products, bringing the best experiences to customers in Vietnam and around the world."
With the mission of building a healthy product ecosystem, combined with impressive appearance, perfect quality, and high reliability. Now, Garmin is not only the soul of athletes and sports lovers but also a companion of users who want to own an active and healthy lifestyle. The group's Q1 2024 operating results report shows a positive picture when consolidated revenue increased by 20% compared to the previous quarter, reaching 1.38 billion USD.
Notably, all segments of outdoor, healthcare, marine and OEM recorded double-digit growth, demonstrating the brand’s strong growth in the global market. The group was recently ranked second in Forbes’ list of America’s Best Large Employers 2024. Garmin currently has more than 19,000 employees in more than 86 countries and is constantly exploring and expanding its markets.
In Vietnam, Garmin is the leading prestigious brand in the field of health monitoring and sports training support wearable devices. The perfect combination of advanced technology and smart design in each product has helped Garmin win the trust of more than 280,000 users nationwide by 2023.
2023 also saw growth in the number of Garmin Vietnam's sales and distribution systems. From the first brand store opened in Hanoi in 2021, in just 3 years, Garmin Vietnam brand stores have now grown to 13 in key cities.
Sharing his vision for the future, Mr. Scoppen emphasized: “ Garmin strives to become the number one brand in every market we serve thanks to our ability to meet the needs of design, quality and optimal reliability, bringing absolute satisfaction to each customer. This is the key to helping the company maintain its competitive advantage and build a solid reputation over the past 3 decades .”
To do this, he said Garmin is strengthening its vertically integrated model, implementing all internal processes to ensure stable output. Going forward, the group will continue to invest in research and development, continuously expand its product portfolio, and exploit new business opportunities.
Specifically, in Vietnam, Garmin is planning to expand its distribution channel to key shopping areas such as shopping malls or combine with a chain of sports brands. Now users can easily access the Garmin ecosystem as well as enjoy professional customer care services.
To mark this meaningful milestone, Garmin Vietnam launched the MARQ Athlete (Gen 2) - Carbon Edition watch - a masterpiece watch for athletes and professional sports players.
Belonging to the famous high-end MARQ Carbon collection, the product is exquisitely crafted from the most premium and superior materials such as the bezel, processed from 130 layers of ultra-light fused carbon fiber with a luxurious domed sapphire crystal that defies all impacts, providing optimal protection for the watch.
MARQ Athlete (Gen 2) - Carbon Edition.
In addition, a battery life of up to 16 days makes the MARQ Athlete (Gen 2) - Carbon Edition a durable companion for all the most intense races.
In addition to the connectivity, smart notifications, health and fitness features found in every Garmin line, the MARQ Athlete (Gen 2) - Carbon Edition is equipped with many advanced features to help champions conquer every challenging adventure including: Multi-band GPS watch with built-in SatIQ technology, preloaded TopoActive maps, Jet Lag advisor, advanced metrics for outdoor activities and sports training such as morning report, sleep score and advanced sleep, daily stress level, body energy level, endurance score, training suggestions, ...
MARQ Athlete (Gen 2) - Carbon Edition is available in Vietnam on May 20 with a suggested retail price of VND 77,990,000.
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