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There is a GPS chipset onboard, but presently it has very limited value because drivers have not been written for any real navigation capabilities.
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Let's start with the basics: the main specs on our unit include Android 1.6 (which will definitely be obsolete for the final product), five-inch 800 x 480 capacitive touchscreen, Snapdragon QSD8250 chipset (with CPU clocked at 1GHz), Bluetooth, WiFi, GPS and WCDMA radio.
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Atheros is best known for its Wi-Fi chipsets, but also makes components for Bluetooth, Ethernet and GPS. This acquisition helps Qualcomm supplement its existing product portfolio and establish a position in the chipset market for tablets and other non-handset devices.
FORBES: Qualcomm Powers To $58 On Atheros Acquisition