NAVTEQ - meaning and definition. What is NAVTEQ
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What (who) is NAVTEQ - definition


NAVTEQ         
VOORMALIG BEDRIJF UIT VERENIGDE STATEN VAN AMERIKA
NAVTEQ is een Amerikaanse onderneming die geografische gegevens verzamelt en vastlegt in databanken en met deze gegevens digitale (wegen)kaarten ontwikkelt. Deze kaarten worden gebruikt in diverse toepassingen, onder andere in geografisch informatiesystemen, navigatiesystemen, software, webdiensten of webapplicaties.
Examples of use of NAVTEQ
1. The net profit was boosted by a one–off gain of 753 million euros from the sale of Navteq shares.
2. Net income rose to â/¬'83m compared with â/¬616m in the same period last year, but the gain was entirely due to the sale of Philips‘ stake in Navteq, the navigation device maker.
3. NOKIA Nokia, a global leader in mobile technology, Navicore and NAVTEQ, has announced a joint collaboration to produce mobile navigation abilities for Nokia’s market leading communication devices. «Navicore Personal» will work in close conjunction with Nokia LD–3W GPS receivers, which can be connected to many of Nokia’s handheld devices, and will make use of NAVTEQ’s mapping efforts for the GCC.
4. "They are not going to react where traffic jams are endemic, like just about anywhere on the M25 motorway at eight o‘clock in the morning, because it is not out of the ordinary." US firm Garmin, like many sat–nav companies, uses NAVTEQ global positioning maps that pinpoint a car‘s location to within 10 feet using GPS satellites orbiting the Earth.