Garmin Marks Its 35th Anniversary: A Journey of Innovation and Pioneering
Vietnam, May 20, 2024 – The year 2024 marks Garmin’s 35th anniversary in the market. After more than three decades of development and significant milestones, Garmin is now considered a pioneering and leading unit in the GPS device market, serving multiple fields.
A Success Built on Relentless Effort
Mr. Scoppen Lin, Deputy General Director of Garmin Asia, stated: “We believe that every day is an opportunity for change and growth. Starting with GPS devices for aviation, Garmin has continuously explored and expanded into various other fields such as marine, automotive, outdoor activities, and sports training. As a result, we have risen to lead the market in smart devices for sports enthusiasts. Therefore, the 35-year milestone holds great significance for all Garmin associates worldwide.”
The leader expressed his immense pride when seeing Garmin watches on customers’ wrists, whether they are professional athletes conquering major competitions or regular users training to achieve personal goals. “This motivates us to continue innovating and improving our products, bringing the best experiences to customers in Vietnam and around the world,” he said.
With the mission of building a healthy product ecosystem, combined with impressive design, perfect quality, and high reliability, Garmin is now not only the spirit of athletes and sports enthusiasts but also a companion for users who desire an active and healthy lifestyle. The group’s Q1 2024 business report shows a positive picture with consolidated revenue increasing by 20% compared to the previous quarter, reaching USD 1.38 billion. Notably, all segments including outdoor activities, health care, marine, and OEM recorded double-digit growth, demonstrating the brand’s strong development in the global market. Recently, the group ranked second in the list of America’s Best Large Employers in 2024 by Forbes magazine. Currently, Garmin has over 19,000 employees in more than 86 countries and continues to explore and expand the market.
In Vietnam, Garmin is a leading prestigious brand in health monitoring and sports training devices. The perfect combination of advanced technology and smart design in each product has helped Garmin win the trust of over 280,000 users nationwide as of 2023. The year 2023 also saw growth in Garmin Vietnam’s sales and distribution system. From the first brand store opened in Hanoi in 2021, within just 3 years, Garmin Vietnam brand stores have grown to 13 in key cities.
Sharing his vision for the future, Mr. Scoppen emphasized: “Garmin strives to become the number one brand in each market we serve by meeting the demands for design, quality, and optimal reliability, bringing absolute satisfaction to each customer. This is the key to maintaining competitive advantage and building a solid reputation for over three decades.”
To achieve this, he said Garmin strengthens its vertically integrated model, performing all internal processes to ensure stable output. In the future, the group will continue to invest in research and development, constantly expanding its product portfolio while exploring new business opportunities. Specifically, in Vietnam, Garmin plans to expand distribution channels to key shopping areas such as malls or collaborate with sports brand chains, allowing users to easily access the Garmin ecosystem and enjoy professional customer service.
35th Anniversary Masterpiece Launch
To celebrate this milestone, Garmin Vietnam launched the MARQ Athlete (Gen 2) – Carbon Edition. This premium watch, part of the MARQ Carbon collection, features a bezel made from 130 layers of carbon fiber and a dome sapphire glass. With a battery life of up to 16 days, it includes advanced features like multi-band GPS, SatIQ technology, and TopoActive maps. It also offers comprehensive health and fitness monitoring, making it ideal for athletes and sports enthusiasts.
To mark this significant milestone, Garmin Vietnam launches the MARQ Athlete (Gen 2) – Carbon Edition – a masterpiece watch for athletes and professional sports players. Belonging to the renowned premium MARQ Carbon collection, the product is exquisitely crafted from the finest and most superior materials such as a bezel frame made from 130 layers of ultra-lightweight unified carbon fiber, accompanied by a domed sapphire glass, ensuring optimal protection for the watch against impacts. Additionally, the battery life of up to 16 days makes the MARQ Athlete (Gen 2) – Carbon Edition a durable companion in the most intense races.
Besides connectivity features, smart notifications, health and fitness tracking available in all Garmin models, the MARQ Athlete (Gen 2) – Carbon Edition is equipped with many advanced features to help champions conquer every challenging adventure, including: Multi-band GPS with integrated SatIQ technology, preloaded TopoActive maps, Jet Lag advisor, advanced metrics for outdoor activities and sports training such as morning reports, sleep score and advanced sleep monitoring, daily stress levels, body battery, endurance score, workout suggestions, and more.
Mr. Scoppen said: “We are proud to continue the 35-year legacy of the brand in Vietnam by launching the MARQ Athlete (Gen 2) Carbon watch, affirming our pioneering position in professional sports watches. Since the first MARQ was born in 2019, we have continuously innovated and created to produce this masterpiece, symbolizing the pinnacle of technology and sophistication. With breakthrough features, the MARQ Athlete (Gen 2) – Carbon Edition fully meets the needs of sports enthusiasts, while also demonstrating the company’s commitment to continually enhancing user experience, accompanying them in realizing their passions and pursuing a healthy, active lifestyle.”