Because of the stiff competition from makers in China and South Korea, the total margins of OEM maker of GPS (global positioning system) PNDs (portable navigation devices) have come down to five to ten percent for the last one year.
With a view to minimizing GPS navigation software expenses to keep up its overall margins, Mitac International, presently the leading OEM manufacturer of GPS PNDs in Taiwan, has brought about a change in its software associates scores of times for the last three years.
Past partners with Mitac International are comprised with Germany-based Navigon AG, Canada-based Destinator Technologies, and currently Hungary-based Nav N Go. In addition with increased competition, Taiwan-based OEM manufacturer of GPS PNDs is also encountered with bottleneck in technological development and slower than estimated escalation in the worldwide market.
