Washington, D.C. 20549

                                    Form 8-K

                Current Report Pursuant to Section 13 or 15(d) of
                           the Securities Act of 1934

Date of Report (Date of earliest event reported): December 16, 2002

                                   GARMIN LTD.
             (Exact name of registrant as specified in its charter)

Cayman Islands                0-31983               98-0229227
(State or other              (Commission           (I.R.S. Employer
  jurisdiction               File Number)          Identification No.)
of incorporation)

                               P.O. Box 30464 SMB
                            5th Floor, Harbour Place
                             103 South Church Street
                    George Town, Grand Cayman, Cayman Islands
                    (Address of principal executive offices)

Registrant's telephone number, including area code:  (345) 946-5203*

                                 Not Applicable
          (Former name or former address, if changed since last report)

* The executive offices of the Registrant's principal United States subsidiary
  are located at 1200 East 151st Street, Olathe, Kansas 66062.
  The telephone number there is (913) 397-8200.

Item 9.  Regulation FD Disclosure

     See  attached  as  Exhibit  99.1 to this  Form  8-K a press  release  dated
December 16, 2002  concerning the revision of guidance upward for fourth quarter
and full-year 2002 and the announcement of production and facility expansions.

     The  information  in this Form 8-K,  including the  exhibits,  is furnished
pursuant  to Item 9 and shall not be deemed to be "filed"  for the  purposes  of
Section 18 of the  Securities  Exchange Act of 1934 or otherwise  subject to the
liabilities of that Section.


     Pursuant to the  requirements  of the Securities  Exchange Act of 1934, the
Registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
undersigned hereunto duly authorized.

                                          GARMIN LTD.

Date:  December 16, 2002                 /s/ Andrew R. Etkind
                                             Andrew R. Etkind
                                             General Counsel and Secretary

                                  EXHIBIT INDEX

         Exhibit No.                         Description

             99.1                            Press release dated December 16,
                                             2002 concerning the revision of
                                             guidance upward for fourth quarter
                                             and full-year 2002 and the
                                             announcement of production and
                                             facility expansions.

                                                                   Exhibit 99.1

      Garmin Revises Guidance Upward for Fourth Quarter and Full-Year 2002,
                  Announces Production and Facility Expansions

CAYMAN ISLANDS,  December 16, 2002 / PR Newswire/ -- Garmin Ltd. (Nasdaq:  GRMN)
today  revised its fourth  quarter and  full-year  2002  guidance  upward due to
continued  strong consumer and aviation product sales during the fourth quarter.
The company also announced  expansion  activities for both its Taiwan and Kansas

              Revised Fourth Quarter and Fiscal Year 2002 Guidance

"Sales  across our  business  have been strong  throughout  the fourth  quarter,
exceeding our earlier  expectations.  While we have not yet completed the fourth
quarter,  given these favorable trends, we are providing updated guidance," said
Kevin  Rauckman,  chief  financial  officer of Garmin  Ltd.  "Strong  demand for
consumer  products  during the holidays,  as well as the shipment of significant
quantities  of  backordered  GTX 330 and GDL 49  aviation  products  have pushed
revenues higher than anticipated."

Revenues for the fourth  quarter  2002 are now  expected to be in the  $132-$135
million range, up significantly  from the earlier estimate of $106-$110 million.
Full-year 2002 revenue  guidance in turn rises to a range of $464-$467  million.
The company  anticipates  providing  2003  revenue and EPS  guidance  during the
fourth quarter earnings call in mid-February.

                    Production and Facility Expansion in 2003

To support  continued  growth  across the business,  Garmin Ltd. also  announces
several initiatives.  In early 2003, two new surface-mount technology lines will
be  purchased  for the  production  facility in Taiwan in order to create  extra
capacity for the company's growing consumer business.

In  addition,  Garmin is in the early  stages of design for an  expansion of the
Olathe,  Kan.  facility to be completed during 2004. This expansion will include
additional  floor space to support  Garmin's  growing  research and  development
needs, new call center associates,  additional warehouse  facilities,  and other
business needs.

Also,  Garmin has  purchased  and begun  implementation  of Oracle's  E-Business
suite,  a  fully  integrated  enterprise  suite  of  business  applications  and
supporting  technologies,  to upgrade its existing MRPII system.  The new Oracle
ERP (Enterprise  Resource  Planning)  system will provide  improved  integration
among the major  Garmin  business  entities  in Taiwan,  Europe,  and the United
States,  and enable the  company to achieve a higher  level of  efficiency.  The
system will be implemented in phases over the next couple of years.

Through its  operating  subsidiaries,  Garmin Ltd.  designs,  manufactures,  and
markets navigation,  communications and information  devices,  most of which are
enabled  by GPS  technology.  Garmin is a leader  in the  general  aviation  and
consumer markets and its products serve aviation,  marine,  general  recreation,
automotive,  wireless and OEM  applications.  Garmin Ltd. is incorporated in the
Cayman Islands, and its principal subsidiaries are located in the United States,
Taiwan and the United Kingdom.  For more  information,  visit Garmin's  Investor
Relations site at or contact the Investor Relations department at

Source: Garmin Ltd.

IR Contact:Paulette Schwerdt, 913-397-8200, ext. 1394;

Media Contact:Pete Brumbaugh, 913-397-8200, ext. 1411;