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Logitech International SA - LOGI STOCK NEWS

Welcome to our dedicated page for Logitech International SA news (Ticker: LOGI), a resource for investors and traders seeking the latest updates and insights on Logitech International SA stock.

Logitech International S.A. is a renowned Swiss-American multinational company specializing in the design, manufacture, and marketing of computer peripherals and software. Established in 1981 and headquartered in both Lausanne, Switzerland, and Newark, California, Logitech has grown to become a leading name in the tech industry.

The company offers a wide array of products, including mice, keyboards, webcams, conference room cameras, headsets, and music-related items such as wireless speakers. Logitech's commitment to innovation and quality has earned it a significant share of the global market for computer accessories.

Recent developments highlight Logitech's dedication to sustainability and environmental responsibility. In April 2024, Logitech announced its Design for Sustainability (DfS) initiative, focusing on creating products with a reduced environmental impact. This includes experimenting with materials like cork, which is lightweight, heat-resistant, and impermeable. Logitech's innovative culture aims to replace traditional plastics with more sustainable alternatives.

Notably, Logitech has made strides in using post-consumer recycled plastic, which they term 'Next Life plastic.' This initiative is part of their broader strategy to minimize the carbon footprint and promote a circular economy. In 2022, Logitech successfully eliminated 500 tons of single-use plastic from its packaging, a testament to its ongoing commitment to environmental sustainability.

Logitech continues to push the boundaries of design and technology, fostering a workplace environment that encourages innovation and sustainability. The company's dedication to these principles not only helps protect the planet but also positions it as a leader in the tech industry.

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Logitech has achieved significant recognition in employer rankings, securing the #20 position globally and #1 in Switzerland on Forbes' World's Best Employers list for 2024. This marks Logitech's first appearance on this prestigious ranking, which evaluated 850 companies worldwide.

The selection process, conducted by Forbes in partnership with Statista, involved surveying over 300,000 employees across 50+ countries. Companies needed to have at least 1,000 employees and operate in minimum two continental regions. The assessment criteria included employee recommendations, salary satisfaction, talent development opportunities, and remote work options.

Additionally, Logitech ranked #94 on the Financial Times' Best Employers Asia-Pacific 2025 list, which reviewed over 300,000 recommendations across 500 companies. The company attributes these achievements to its focus on creating a welcoming culture that encourages innovation and values employee contribution.

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Logitech has expanded its refurbished products offering through its online platforms Logitech.com, LogitechG.com, and a new presence on eBay's Refurbished brand store. The company's Certified Refurbished program offers pre-owned devices that undergo thorough testing, repairs, and quality checks to ensure like-new condition. These products come with required accessories, manuals, and warranty coverage.

The initiative emphasizes cost-effectiveness, with refurbished devices available at significantly lower prices than new items. Each product undergoes third-party inspection and certification before returning to the marketplace. The program aligns with growing consumer interest in sustainable technology consumption and reduced electronic waste.

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Logitech announces support for UC San Diego's Scripps Institution of Oceanography students to attend the 2024 UN Climate Conference (COP29) in Baku, Azerbaijan. The conference focuses on providing financial support for developing countries to reduce greenhouse gas emissions and manage climate challenges.

The PR features an interview with Scripps PhD Student Vanessa Minnis, who discusses her research on using microbes in soil to increase carbon dioxide absorption. She emphasizes the importance of COP29 for global climate action, highlighting the need for better technology in climate research and the significance of connecting scientific findings with policy decisions.

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Logitech celebrated International Wellbeing Month in October with a focus on connecting wellness and productivity. The company partnered with creators in North America to promote workplace wellbeing and digital wellness.

The initiative emphasized the relationship between feeling good and producing great work, with creators sharing personal experiences about mental health, wellbeing, and ergonomic living. These partnerships helped spark meaningful discussions about wellness, balance, and ergonomics in the digital workspace.

The campaign's core message centered on Logitech's mission that better work habits lead to improved well-being and enhanced performance.

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Logitech International (NASDAQ: LOGI) has announced its upcoming Analyst & Investor Day scheduled for March 5, 2025. The event will take place at 12:00 p.m. Pacific Standard Time and 9:00 p.m. Central European Time, offering both in-person and videoconference attendance options.

During the event, company executives will present Logitech's mission to extend human potential in work and play, discuss long-term strategy, and showcase industry-leading innovation. The program includes product experiences, a Q&A session, and a networking reception. A livestream and replay will be available on Logitech's corporate website.

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Logitech G has announced a partnership with Airdrop Gaming to enhance gaming accessibility for deaf and hard of hearing players. Through this collaboration, Logitech G will sell Airdrop's Audio Radar solution on their website. The Audio Radar system uses six RGBW LED light bars to convert in-game audio events into visual cues, allowing players to 'see' directional sounds like footsteps and gunfire.

Airdrop Gaming is the first partner in Logitech's new Start-Up for Good initiative, a program helping companies creating positive social impact bring solutions to market. The partnership includes mentorship, resources, and access to Logitech's global platform.

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Logitech has launched new Sync smart office tools featuring Auto Book and Auto Release capabilities, along with Logitech View interactive office maps. The Auto Book feature automatically reserves rooms when employees start using them, while Auto Release frees up spaces when no one shows up for meetings. The solution addresses a significant workplace issue, as 40% of employees waste up to 30 minutes daily searching for meeting spaces.

The system works with Rally Bar or Rally Bar Mini and is compatible with various booking platforms including Appspace, Envoy, Microsoft, RICOH Spaces, Robin, and Zoom. The service is available through Logitech Essential or Select service plans, priced at $199 and $399 per room annually.

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Logitech announces expanded availability of refurbished devices through eBay Refurbished brand store in the US and Logitech websites across North America and Europe. The initiative offers certified refurbished products including mice, keyboards, tablet accessories, gaming gear, and Bluetooth speakers at reduced prices. All refurbished items undergo rigorous testing, come with required accessories, manuals, and warranty. Products mainly originate from open-box returns or previously owned items restored to like-new condition. This expansion aligns with growing consumer interest in secondhand shopping, particularly among younger shoppers, offering both cost savings and environmental benefits through e-waste reduction.

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Logitech (NASDAQ: LOGI) announces expanded availability of refurbished devices through its eBay Refurbished brand store in the US and Logitech websites across North America and Europe. The initiative offers certified refurbished products including mice, keyboards, tablet accessories, gaming gear, and Bluetooth speakers at reduced prices. All refurbished items undergo rigorous testing, come with required accessories, manuals, and warranty. Products mainly originate from open-box returns or previously owned items restored to like-new condition. The program aims to meet growing consumer demand for affordable premium technology while reducing electronic waste.

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SolarEdge Technologies announced significant changes to its Board of Directors. Avery More has been elected as Chairman of the Board, replacing Nadav Zafrir, who will remain as a board member. Additionally, Guy Gecht has been appointed as a new board member, replacing Tal Payne who stepped down after serving since the company's IPO in March 2015. Gecht, who will serve on both the Audit and Technology committees, brings extensive experience from his roles as former CEO of Electronics for Imaging and board positions at Logitech and Check Point Software Technologies.

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FAQ

What is the current stock price of Logitech International SA (LOGI)?

The current stock price of Logitech International SA (LOGI) is $81.77 as of December 20, 2024.

What is the market cap of Logitech International SA (LOGI)?

The market cap of Logitech International SA (LOGI) is approximately 12.4B.

What does Logitech International S.A. specialize in?

Logitech specializes in designing and manufacturing computer peripherals such as mice, keyboards, webcams, conference room cameras, headsets, and wireless speakers.

Where are Logitech's headquarters located?

Logitech has dual headquarters located in Lausanne, Switzerland, and Newark, California, USA.

When was Logitech founded?

Logitech was founded in 1981.

What is Logitech's Design for Sustainability (DfS) initiative?

Logitech's Design for Sustainability (DfS) initiative aims to create products with reduced environmental impact, focusing on sustainable materials and innovative design processes.

What materials is Logitech experimenting with for sustainable product design?

Logitech is experimenting with sustainable materials such as cork, which is lightweight, heat-resistant, and impermeable, as part of their efforts to replace traditional plastics.

What is 'Next Life plastic'?

'Next Life plastic' is post-consumer recycled plastic used by Logitech to reduce the environmental impact of their products and promote a circular economy.

How has Logitech reduced single-use plastic in its packaging?

In 2022, Logitech reduced single-use plastic in its packaging by transitioning to paper-based alternatives, eliminating 500 tons of plastic packaging.

How does Logitech's innovation culture impact its products?

Logitech's innovation culture fosters creative and sustainable product designs, encouraging the use of new materials and processes that reduce environmental impact.

What are some of Logitech's recent sustainability achievements?

Recent sustainability achievements include the Design for Sustainability initiative and significant reductions in single-use plastic through innovative packaging solutions.

How does Logitech contribute to a circular economy?

Logitech contributes to a circular economy by using post-consumer recycled plastic in its products, minimizing waste, and promoting the reuse of materials.

Logitech International SA

Nasdaq:LOGI

LOGI Rankings

LOGI Stock Data

12.39B
147.27M
0.27%
58.69%
3.06%
Computer Hardware
Computer Peripheral Equipment, Nec
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United States of America
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