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.
FAQ
What is the current stock price of Logitech International SA (LOGI)?
The current stock price of Logitech International SA (LOGI) is $87.015 as of January 7, 2025.
What is the market cap of Logitech International SA (LOGI)?
The market cap of Logitech International SA (LOGI) is approximately 13.4B.
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.