Mio Technology consolidates No 3 spot

Mio Technology has consolidated its number three position within the integrated GPS navigation device market across Europe, the Middle East and Africa (EMEA) , according to Canalys.

The Belgian-based company clocked up year-on-year sales growth of 162% for Q1 2007 and an increase in market share from 9.3% in Q4 2006 to 9.7% in Q1 2007.

Paul Notteboom, President of Mio Technology, said the company's figures in the entire integrated GPS market were boosted by performances in a number of key markets across EMEA.

He also promised new products: "In Q2 we'll reaffirm our position with a new range of affordable products that offer cutting-edge features such as wide screen providing more information with a split screen view, hands-free Bluetooth calling and traffic information with TMC.”