![]() Garmin provides a wide range of products and applications in the navigation industry. The company notes that this is far more than any other navigation provider. Since its inception in 1989, Garmin has delivered more than 100 million products, most of them enabled with GPS. Garmin will be added to the S&P 500 GICS (Global Industry Classification Standard) Consumer Electronics Sub-Industry index. The S&P 500 is an index of 500 large-cap companies from leading industries that is widely used as a benchmark for investors and a gauge of the overall performance of the US stock market. We’d like to thank our associates for helping us achieve this significant milestone.” “This is tremendous recognition for our company and our commitment to long-term, sustainable growth. “The S&P 500 index is widely recognized as a bellwether of the American equities market and we are honoured to be listed among some of the most recognizable and enduring brands in the world,” said Dr Min Kao, Chairman and CEO of Garmin. Garmin Ltd – currently traded on the NASDAQ exchange (under the ticker symbol GRMN) – has confirmed that it will become a component in the S&P 500 index, following the close of trading yesterday, Tuesday 11 December.
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