Mitac the company behind well know Mio brand hopes to double
its PDN (Portable find you way back home, Navigation Device) to 5 million
devices.
The company plans to produce more of its own Mio branded
PDNs then the ODM / OEM devices for some other companies who wants to profit on
them.
The golden goal is to hit 8 million devices goal for 2007 which will be almost
one third of the total market that is estimated to 25-27 million units.
This market is doomed to grow to 34-35 million units and
Mitac eyes 10 million of that number.
More here.