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Logitech International S.A. reports developments tied to its software-enabled hardware business for work, creation and gaming. News commonly covers financial results, capital allocation through share buybacks and dividends, and product introductions across keyboards, mice, webcams, conference room cameras, headsets and related accessories.
Company updates also feature the Logitech G gaming business, including gaming keyboards and performance peripherals, as well as education and productivity accessories such as Rugged Combo keyboard cases for iPad. Other recurring items include management appointments, board-approved capital actions and disclosures from Logitech's Swiss public-company structure and Nasdaq-listed registered shares.
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Logitech For Creators has launched two innovative solutions: the Blue Sona active dynamic XLR microphone and the Litra Beam premium LED streaming key light. The Blue Sona incorporates ClearAmp technology for enhanced audio quality and features like a dual-diaphragm capsule and supercardioid pickup. Priced at US$349.99, it's aimed at elevating content creation. The Litra Beam, retailing at US$99.99, offers advanced lighting control with TrueSoft technology, catering to creators' diverse lighting needs. Both products are available from September 21, 2022.
Logitech G has launched the Logitech G FITS True Wireless Gaming Earbuds, the first gaming-grade earbuds featuring Lightform molding technology for a custom fit. These earbuds utilize LIGHTSPEED wireless connectivity for pro-grade performance across multiple platforms, including PC, PlayStation, and mobile devices. With battery life of up to 15 hours, they deliver high-quality audio and noise isolation. The product will be available in October 2022 at a suggested retail price of $229.00 USD.
Logitech G has unveiled the A30 Wireless Gaming Headset, designed for versatile gaming across platforms. Featuring a 40mm audio driver and dual connectivity via LIGHTSPEED 2.4GHz and Bluetooth, it allows gamers to enjoy high-fidelity audio on devices like PlayStation, Xbox, Nintendo Switch, and PC. The sleek design includes customizable speaker tags and promises over 27 hours of battery life. Priced at $229.99, it will be available in October 2022, enhancing flexibility and comfort for gamers.
Logitech G has unveiled its new PRO Racing Wheel and PRO Racing Pedals, designed for professional sim drivers. These products feature a Direct Drive engine that offers 11Nm of force and TRUEFORCE technology for enhanced feedback. Users can expect significant improvements in racing realism and control. The PRO Racing Wheel is compatible with PC, PlayStation, and Xbox, while the pedals can connect via USB to various systems. The products, priced at $999 for the wheel and $349 for the pedals, will be available in September 2022.
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.