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News: Navteq report record Q2 results.

pocketgpsworld.com Navteq look to be having a bumper year. With operating revenue up nearly 50% over Q2 last year and net income at $41m compared to $24m there is a very significant growth in the industry.

From the looks of things this is mainly the contribution of maps in the portable navigation market sector. Yet another indicator of the strength of the portable SatNav industry.

Click here to read more including the Navteq press release...

Click here to discuss...


Posted on Wednesday, August 01 @ 14:09:26 UTC by Mike Barrett

 
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