TomTom may be on the verge of leaving the wearables market, after a 20 percent year-on-year consumer sales decline, which management blamed on the Sports division.
“The wearables market has fallen short of expectations… And because of this and because we want to focus on automotive, licensing and telematics businesses, we are reviewing strategic options for our Sports business,” said TomTom CEO Harold Goddijn.
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TomTom’s sports division includes the company’s fitness trackers and the action cams

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