In a recent webcast released by Garmin, the navigation company revealed their plans to expand their fledgling product range and include a new Android phone in 2010. This announcement has come very soon after the announcement of Google navigation for Android.
The nuvifone lineup offered by Garmin-Asus is a collaborative effort focussed around GPS location based services and navigation within a feature phone. The M20 and G60, running Windows Mobile 6.1 and Linux based OS respectively were launched earlier this year. Following the announcement of Google Android, Garmin shares fell 17.2% to $31.88. TomTom shares also fell over 20%.