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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.
GameChanger, by DICK'S Sporting Goods, has announced an integration with Mevo, enhancing its youth sports app for live video streaming and team management. Users can now stream 1080p HD video from Mevo Start cameras through the GameChanger app with just one tap. This integration follows GameChanger's expansion into seven new sports, adding over 15,000 basketball teams since October. Since launching live streaming in January 2021, over 300,000 games have been streamed, solidifying GameChanger's position as a leader in youth sports streaming.
Logitech G has launched the new G303 Shroud Edition Wireless Gaming Mouse, designed in collaboration with gaming streamer shroud. This remastered mouse features enhancements aligned with shroud's specifications, including an updated shape, repositioned buttons, and improved battery life at 145 hours. Weighing just 75 grams, it offers ultra-low latency and is equipped with the HERO 25K Sensor for exceptional precision. Priced at $129.99, it will be available from October 2021.
ASTRO Gaming has partnered with NBA star Devin Booker, making him their newest brand ambassador. The collaboration includes hosted livestreams, with the first on November 18, where Booker will unveil a custom-designed A40 Glow-in-the-Dark headset. The headset will be available through a giveaway and an auction benefiting Booker's Starting Five charity. Booker, recognized as a skilled gamer, aims to elevate awareness of gaming and eSports.
Logitech has unveiled the vibrant POP Keys mechanical keyboard and POP Mouse, part of its Studio Series, designed for self-expression and productivity. With customizable emoji keycaps and mechanical typing, POP Keys offers modern functions ideal for today’s work environment. The POP Mouse features an ergonomic design and multiple-device connectivity, enhancing on-the-go productivity. Both products will be available in November 2021, priced at
Logitech International (SIX: LOGN, Nasdaq: LOGI) announced its participation in two upcoming investor conferences. The Morgan Stanley European Technology, Media & Telecom Conference is set for November 18, 2021, at 6:15 p.m. GMT / 1:15 p.m. ET, followed by the Credit Suisse 25th Annual Technology Conference on December 1, 2021, at 1:10 p.m. MT / 3:10 p.m. ET. Both presentations will be webcast, and replays will be available on Logitech's corporate website.
Logitech, founded in 1981 and headquartered in Lausanne, Switzerland, designs products for computing, gaming, and music enjoyment.
Logitech International (SIX: LOGN, Nasdaq: LOGI) filed its Quarterly Report on Form 10-Q for Q2 FY 2022 with the U.S. SEC on October 28, 2021. This report is accessible on both the SEC's and Logitech's websites. Logitech, headquartered in Lausanne, Switzerland, designs products that enhance the user experience across various sectors, including computing, gaming, and music.
Logitech For Creators has launched the "Raise Your Voice" campaign to celebrate over 25 years of Blue Microphones empowering creators. This global initiative showcases various top creators, including Miley Cyrus and Marques Brownlee, discussing their experiences with Blue products. The campaign aims to inspire creators and run across digital platforms, featuring notable Blue products like the Yeti and Spark SL. This initiative will enhance brand presence and attract new customers by connecting with influential voices in the creative space.
Logitech International (SIX: LOGN, Nasdaq: LOGI) reported Q2 Fiscal Year 2022 sales of $1.31 billion, a 4% increase in US dollars and 2% in constant currency compared to the previous year. However, GAAP operating income fell 44% to $179 million, and earnings per share (EPS) declined 48% to $0.81. Non-GAAP operating income also decreased by 40% to $211 million, with non-GAAP EPS down 44% to $1.05. Logitech confirmed its full-year outlook of flat sales growth in constant currency, targeting $800 million to $850 million in non-GAAP operating income.
Logitech For Creators introduces the Mevo Start 3-Pack, a wireless live streaming ecosystem priced under
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