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.
Logitech has unveiled the MX Master 3S for Business and MX Keys Combo for Business Gen 2, designed for enterprise users seeking enhanced productivity and comfort. The MX Master 3S features quiet click technology, an 8000 DPI sensor, and sustainability with 27% certified post-consumer recycled plastic. The MX Keys Combo offers smart backlighting and productivity shortcuts, catering to professionals in hybrid work environments. Both products are certified carbon neutral, enhancing their appeal to IT departments and environmentally conscious consumers.
Logitech International (SIX: LOGN, Nasdaq: LOGI) announced a 10% increase in its annual dividend to CHF 0.96 per share, as approved during its recent AGM. Shareholders also elected three new board members: Christopher Jones, Frankie Ng, and Sascha Zahnd. The dividend will be paid on September 28, 2022, with a record date of September 27, 2022. Ex-dividend trading begins on September 26, 2022. Logitech celebrates nine consecutive years of growth and remains optimistic about future opportunities.
Logitech unveils the Brio 500 webcam series and Zone Vibe headphones, tailored for hybrid workers seeking enhanced collaboration tools. Addressing common video conferencing issues, the Brio 500 features an innovative Show Mode for presenting physical objects. The stylish, lightweight Zone Vibe headphones provide all-day comfort and business-grade performance. Both product lines are carbon neutral and utilize recycled materials. Available globally in September 2022, the Brio 500 webcams are priced at $129, with Zone Vibe headphones ranging from $99.99 to $129.99, ensuring affordability and environmental sustainability.
Whalar announced a partnership with Logitech For Creators to launch the Creator Academy, aimed at supporting underrepresented creators. This ten-week program, starting on September 12, 2022, will provide training and mentorship from established creators, enhancing career development opportunities for diverse voices. Notable mentors include TikTok stars like Emmanuel Duverneau and Matthew and Ryan. The initiative is part of a broader commitment to empower creators and foster inclusivity in the creator economy.
Logitech G has unveiled the G502 X, G502 X LIGHTSPEED, and G502 X PLUS gaming mice, enhancing the legacy of the popular G502 series. These models feature advanced technologies, including the revolutionary LIGHTFORCE hybrid optical-mechanical switches, providing improved speed and reliability. The mice come with a redesigned DPI-shift button, USB-C charging, and HERO 25K sensor for heightened precision. Retail prices start at $79 for G502 X and reach $159 for G502 X PLUS, available from August 2022.
Logitech International (SIX: LOGN, Nasdaq: LOGI) has filed a Supplement to its July 26, 2022 Proxy Statement with the U.S. Securities and Exchange Commission. This Supplement pertains to Proposal 4 regarding the Amendment of the Articles of Incorporation for creating Authorized Capital. It clarifies that the company will not issue new shares that exceed 10% of its current share capital when shareholders' subscription rights are restricted or excluded. The filing details are available on the SEC's website and Logitech's investor relations page.
Ultimate Ears, a Logitech brand, has launched the WONDERBOOM 3 portable Bluetooth speaker, featuring 100% recycled materials, enhanced Bluetooth range of 40 meters, and a 14-hour battery life. It offers waterproof and dustproof capabilities and will retail at $99.99. Additionally, the new white version of the HYPERBOOM speaker is also available, with a 24-hour battery and multiple input sources for $449.99. Both products aim to enhance music experiences while reducing carbon footprints.
Logitech has unveiled the Logitech Chorus, a cutting-edge audio solution designed specifically for Meta Quest 2. The product boasts an open-back design and custom-tuned off-ear acoustics, enhancing comfort and immersion during long gaming sessions. It integrates seamlessly with USB-C passthrough and retails at $99.99, appealing to VR gamers seeking both quality and affordability. Logitech emphasizes the Chorus's ability to provide realistic audio while maintaining user awareness of the real world, addressing feedback from developers and the gaming community.
Logitech G and Tencent Games have partnered to develop a cloud gaming handheld, set to launch later this year. This collaboration aims to merge Logitech G's hardware expertise with Tencent's software services, allowing gamers to play AAA games via cloud without needing to download them. Both companies are collaborating with Xbox Cloud Gaming and NVIDIA GeForce NOW to enhance the gaming experience. The new device will enable seamless gaming on-the-go, showcasing Logitech G's commitment to innovation and Tencent's leadership in game publishing.
Logitech International (SIX: LOGN, Nasdaq: LOGI) has filed its Quarterly Report on Form 10-Q for Q1 FY2023 with the U.S. Securities and Exchange Commission on July 28, 2022. This report provides detailed financial results and operational insights for the company's performance during the quarter. The filing is accessible via the SEC and Logitech's official websites. As a leading designer of computing and gaming products, Logitech continues to strive for innovation and customer engagement.