Welcome to our dedicated page for Logitech Intl S A news (Ticker: LOGI), a resource for investors and traders seeking the latest updates and insights on Logitech Intl S A stock.
Logitech International S.A. (Nasdaq: LOGI; SIX: LOGN) regularly issues news and announcements that reflect its role in computer peripheral equipment manufacturing and software-enabled hardware solutions. This news page aggregates Logitech-related press releases and coverage, giving investors and followers a single place to review the company’s communications about its products, operations and corporate developments.
In its news, Logitech frequently highlights solutions that support working, creating, gaming and streaming. Recent announcements have covered topics such as video collaboration technology that uses software features to automatically select the best camera angle in hybrid meetings, workplace occupancy and environmental sensors that provide data on room usage and air quality, and a digital pencil designed for a spatial computing device with motion tracking and haptic feedback. The company also shares updates on experiential retail initiatives where visitors can interact with its products in person.
Logitech’s news flow includes financial communications, such as the timing and results of quarterly earnings, and participation in investor conferences. The company announces dates for the release of quarterly results and hosts videoconferences to discuss performance, with livestreams available through its investor relations channels. It also issues ad hoc announcements under SIX Swiss Exchange rules when required.
Other news items may address risk and governance topics, such as disclosures about a cybersecurity incident, as well as recognition for its technologies, including awards listings. By reviewing Logitech news, readers can see how the company positions its mission to extend human potential in work and play and how it reports on developments across its business, technology and corporate governance activities.
Ultimate Ears, a Logitech brand, has unveiled MINIROLL, a new ultra-light portable Bluetooth speaker. Key features include:
- Hookable silicone strap for easy attachment
- Compact size and lightweight build (279g)
- IP67 waterproof, dustproof, and drop-proof rating
- Up to 12 hours of battery life
- 40-meter Bluetooth range
- Auracast™ technology for pairing multiple speakers
- Made with 100% recycled polyester fabric and 40% recycled plastic
MINIROLL is priced at $79.99 and available in black, blue, grey, and pink. It launches on September 9, 2024, on Ultimate Ears and Logitech websites, with wider retail availability planned.
Logitech International (SIX: LOGN) (Nasdaq: LOGI) announced the approval of all proposals at its annual general meeting (AGM), including an increased dividend for Fiscal Year 2024. Shareholders approved a dividend of approximately CHF 1.16 per share, an increase of about CHF 0.10 compared to the previous year. The company's chairperson, Wendy Becker, was re-elected with 86% approval, and all other nominees received strong majority support.
The dividend payment date is expected to be September 25, 2024, with a record date of September 24, 2024. Shares are anticipated to trade ex-dividend on the SIX Swiss Exchange and Nasdaq Global Select Market starting September 23, 2024. This increased dividend is part of Logitech's strategy to return capital to shareholders through dividends and share repurchases.
Logitech International (NASDAQ: LOGI) has announced the winners of its annual Future Positive Challenge, aimed at identifying sustainable solutions in electronics. Six companies were selected for their innovative approaches in various areas:
1. LITE-ON: Reducing material usage and carbon footprint in PCBs
2. Pragmatic Semiconductor: Developing sustainable, flexible integrated circuits
3. Achelous Pure Metal: Recovering valuable metals from lithium-ion batteries
4. TPIPLASTIC: Creating recycled plastics for computer products
5. Stora Enso: Providing renewable packaging solutions
6. Bin-e: Offering AI-enabled smart recycling bins
Winners will have the opportunity to collaborate with Logitech on proof-of-concept projects. The challenge aims to advance lower carbon impact technologies in the electronics industry.
Logitech G, a brand of Logitech (SIX: LOGN) (NASDAQ: LOGI), has partnered with Aimlabs to launch The Gauntlet, a new competition with over $100,000 in cash and prizes. The event is part of the Global Logitech G PLAYDAYS initiative and takes place within the Aimlabs application, available on PC and Xbox consoles.
The competition features Logitech G-branded tasks focusing on aiming, movement, and auditory gaming skills. Top performers can win Logitech G products, including the PRO X 60 Keyboard, PRO X 2 Headset, and PRO X Superlight 2 mouse for PC players, and ASTRO A30 and ASTRO A50 X Wireless Headsets for console players. Participants can also unlock exclusive in-game items in Aimlabs.
The Gauntlet runs from August 12, 2024 to October 31, 2024. All eligible participants have a chance to win prizes through monthly sweepstakes, regardless of skill level.
Logitech G, a leading gaming technology innovator, announces the return of Logi PLAY on September 17th, 2024. This global event celebrates gaming innovation, community, and play, featuring an unprecedented lineup of new product announcements and partnerships. The event will stream from multiple locations worldwide, including Paris, Berlin, Shanghai, and Silicon Valley, ensuring global participation.
Highlights include:
- A global livestream on major platforms like Twitch and YouTube
- New product launches from Logitech G and partners
- Interactive community engagement sessions
- 13 Days of unique deals on bestselling gear from September 17-29
Logi PLAY 2024 starts at 10:00 AM PDT and 7:00 PM CEST. Registration is now open at www.logitechg.com for this exciting celebration of gaming technology and community.
Logitech has achieved significant recognition in Fast Company's 2024 Innovation by Design Awards. The company won the Learning category for its Zone Learn headset, designed to appeal to children. Additionally, Logitech was named an honoree in the Product and Enterprise categories for its Casa Pop-Up Desk and Logi Dock Flex reservation system, respectively.
Fast Company's annual awards highlight projects that demonstrate ingenuity, problem-solving capabilities, and potential for positive industry impact. Malin Leschly, Logitech's Chief Design Officer, expressed gratitude for the recognition, emphasizing the company's commitment to designing products with meaningful global impact for users of all ages.
Logitech International (SIX: LOGN, Nasdaq: LOGI) has announced the appointment of Matteo Anversa as its new Chief Financial Officer (CFO), effective September 1, 2024. Anversa will join Logitech's Group Management Team, reporting to CEO Hanneke Faber. With extensive experience in engineering, industrial technology, and B2B sectors, Anversa has previously held leadership roles at Fiat Chrysler Automobiles, Ferrari, General Electric, and Gentherm.
CEO Hanneke Faber highlighted Anversa's global perspective, drawn from his work and life in Asia, Europe, and North America, and his potential contribution to serving enterprise customers. Anversa expressed enthusiasm about joining Logitech, citing the company’s innovation-driven culture and strong growth potential.
Meeta Sunderwala, the interim CFO and chief accounting officer, was acknowledged for her support during the CFO transition.
Logitech International (SIX: LOGN) (Nasdaq: LOGI) has published its Annual Report for Fiscal Year 2024, which ended on March 31, 2024. The report is now accessible on the company's investor relations website and the SEC's website. This announcement, made in Lausanne, Switzerland, and San Jose, California, is in accordance with the SIX Swiss Exchange's ad hoc announcement requirements under Art. 53 LR. The availability of the annual report provides investors and stakeholders with comprehensive insights into Logitech's financial performance, business strategies, and operational highlights for the fiscal year 2024.
Logitech International (SIX: LOGN) (Nasdaq: LOGI) has filed its Quarterly Report on Form 10-Q for the first quarter of Fiscal Year 2025 with the U.S. Securities and Exchange Commission (SEC) on July 25, 2024. This filing is a routine regulatory requirement for publicly traded companies and provides detailed financial information for the specified period. The report is now available for public access on both the SEC's website (www.sec.gov) and Logitech's investor relations website (http://ir.logitech.com). This filing allows investors and analysts to review Logitech's financial performance and position for the most recent quarter.
Logitech is accelerating its sustainability efforts through Design for Sustainability, prioritizing carbon reductions across its product portfolio. The company has reduced its carbon footprint by 58% since 2019 and value chain emissions by 24% compared to 2021. Key initiatives include:
1. Next Life Plastics program: 73% of products use recycled plastic, eliminating over 25,000 tCO2e in 2023.
2. Low-carbon aluminum: Used in 66 product lines, saving 13,000 tCO2e in 2023.
3. Renewable electricity in factories and solar panel installation.
4. Smart battery features and recycled fabrics in new designs.
5. FSC-certified paper packaging for nearly 20% of products.
Logitech's approach focuses on designing smarter, with less, and for progress to achieve its 2030 science-based emissions goals.