Logitech CEO aiming to double target market for peripherals


A Logitech logo is seen on a building at the EPFL Innovation Park in Ecublens near Lausanne, Switzerland, April 29, 2024. REUTERS/Denis Balibouse

LAUSANNE, Switzerland (Reuters) - Logitech International wants to increase sales in future by making more products for people who work outside offices as well as gamers who play on consoles and mobile phones, Chief Executive Hanneke Faber said on Tuesday.

Logitech "can double the total addressable market that we play in for work," Faber told Reuters, by making products used in areas like education and healthcare.

The company, which reported its fourth-quarter earnings earlier on Tuesday, could also double its addressable market in gaming by providing more products for console and mobile phone players, she said.

(Reporting by John Revill; Editing by Miranda Murray)

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

   

Next In Tech News

Hong Kong’s John Lee warns taxi drivers against targeting Uber with sting operations
US flight attendant pleads not guilty to attempting to record teen girl in airplane bathroom
Sanofi partners with OpenAI, Formation Bio on AI-driven drug development
Google attacks Microsoft cyber failures in effort to steal�customers
Nvidia earnings could spark $200 billion swing in shares, options show
Apple releases iOS 17.5.1 update to fix bug that caused deleted photos to return
RHB introduces Apple Pay support, offers up to a total of RM90 cashback until July 31
Can artificial intelligence make the PC cool again?
Chaos reigns inside Tesla as workers await next slew of job cuts
OpenAI to ‘pause’ voice linked to Scarlett Johansson

Others Also Read