HD Traffic Now in China

[offthegrid]

TomTom is really banging out the headlines since the 1st of this year. Besides this - the agreement with Samsung, they just sold their historic traffic data the Netherlands to improve their roads, entering into a safe driving monitor agreement with a UK insurance company, sold traffic data to the UK auto club etc The stock has been way up the last few weeks percentage wise. Maybe we are seeing a turn around in progress.


http://finance.yahoo.com/news/TomTom-AutoNavi-First-Market-pz-856201177.html?x=0

 

[mvl]

I agree, this is a major development for TT, and an amazing time to market as they just started sales in China a few months ago.

Official press release here.

 

[offthegrid]

There were two other announcements already this year. They announced they are providing maps and navigation for both Ford and GM's Opel division in Europe.

Those are also potentially big deals.