UPDATE 1-Garmin says loses patent suit to Pioneer in Germany

* Says ruling not to impact product sales

* Garmin files lawsuit to invalidate Pioneer patents

Dec 23 (BestGrowthStock) – Personal navigation devices maker Garmin
Ltd (GRMN.O: ) said a German court ruled in favor of Japanese
electronics firm Pioneer Corp (6773.T: ) in a patent infringement
dispute over some Garmin software functionality.

On Dec. 16, Switzerland-based Garmin won a favorable ruling
from the International Trade Commission in a similar lawsuit
filed by Pioneer. [ID:nBw166922a]

Pioneer had asked the Commission to bar the import of any
global positioning system (GPS) device made with technology
that infringes any of the three Pioneer patents in the suit.

Pioneer had also sued Honeywell International (HON.N: ) for
patent infringements. [ID:nN10218330]

Garmin said it has already developed minor software
revisions that eliminate the narrow functionality at issue in
the litigation and the ruling is not expected to affect its
ability to continue importing and selling its products.

Garmin has filed a lawsuit in the German Federal Patent
Court in Munich to invalidate both patents asserted by Pioneer
in the ruling by the District Court of Dusseldorf.

The patents under dispute relate to on-vehicle navigational
functions, including the automatic erasing of data as the
destination draws near, or showing the distance from a vehicle
to various locations.

Garmin has about 55 percent to 60 percent of the U.S.
market for navigation devices. TomTom NV (TOM2.AS: ) is its main
U.S. competitor.

Garmin shares, up 8 percent this month, closed at $30.57 on
Wednesday on Nasdaq.
(Reporting by Saqib Iqbal Ahmed in Bangalore; Editing by
Joyjeet Das)

UPDATE 1-Garmin says loses patent suit to Pioneer in Germany