Nextar won third place in U.S. PND market share in November

nextar Q4-01
nextar Q4-01
According to the NPD Group’s retail tracking service U.S consumer electronics manufacturer Nextar won the third place on the U.S. PND market in November. Year over Year Market Share for November Increases 181%. This rise had already started in October when Nextar moved to fourth from sixth in September in the mobile navigation category. However, for the Black Friday week alone the third place was hold by Magellan.

Among other products, the Nextar Q4-01 (4.3 inch touchscreen) has been recently available at special promotion price of $99.99 at retailers such as Kohl's and Kmart.

“This is nothing but good news for Nextar,” remarked Eddy Zheng, Nextar founder. “The latest NPD figures confirm that consumers are quickly learning of our wide-offering of quality, cost-effective GPS navigation units as a results of our brand awareness efforts. Likewise, retailers are realizing the value of carrying Nextar products, as evidenced by the number of retailer television commercials and circular covers our products have been featured during the critical holiday shopping season.”

Thursday, December 18th 2008

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