Garmin (GRMN +9.2%) COO Cliff Premble highlights during a conference call that the company sees...

|About: Garmin Ltd. (GRMN)|By:, SA News Editor

Garmin (GRMN +9.2%) COO Cliff Premble highlights during a conference call that the company sees its marine segment as a key driver for growth with new sonar and autopilot solutions that serve the sail and large boat market. In 2011 marine revenue grew 12% - compared to a 5% decline in automotive/mobile revenue - and for 2012 the company targets steady growth of 5%-10% for the segment.