Logitech Intl S A Stock Price, News & Analysis

Logitech has launched the MX Keys Mini and MX Keys Mini for Mac, compact wireless keyboards designed for creators. These keyboards maintain key features from the original MX Keys but in a minimalist format to enhance workspace efficiency. Notable features include Perfect Stroke technology, USB-C quick charging, and compatibility across multiple operating systems. The keyboards also feature sustainable design elements, with a percentage of parts made from post-consumer recycled plastic. Priced at $99.99, they are available from Logitech and numerous retailers.

Logitech G has launched the G435 LIGHTSPEED Wireless Gaming Headset, an ultra-lightweight device weighing only 5.8 oz, priced at $79.99. Designed for modern gamers, it emphasizes comfort, sustainability, and multi-platform compatibility, including PC and PlayStation. The headset is certified CarbonNeutral®, includes at least 22% recycled materials, and has features like dual beamforming mics for clear communication. Available from September 2021, the G435 comes in vibrant colors catering to individual styles, further enhancing Logitech's commitment to eco-friendly gaming products.

Logitech has expanded its video collaboration solutions with the launch of Tap IP, a network-based meeting room controller, and Tap Scheduler, designed to simplify scheduling and joining video meetings. Both devices offer secure, enterprise-grade performance and are compatible with major collaboration platforms. Priced at $699, they aim to enhance the meeting experience for hybrid workers returning to the office. Logitech is also introducing a comprehensive service plan, Logitech Select, for maintaining video solutions.

Logitech announced its commitment to becoming carbon neutral for all products and operations by 2021. The company aims to achieve net zero emissions by 2030 and adopt a climate positive approach thereafter. This involves reducing carbon footprints across their entire value chain through a Reduce-Renew-Restore strategy. Logitech plans to invest heavily in renewable energy sources, sustainable materials, and projects that capture carbon, including a significant tree-planting initiative in China.

Logitech International announced a 10% increase in their annual dividend to approximately CHF 0.87 per share during the annual general meeting. The dividend payment is scheduled for September 22, 2021, with a record date of September 21, 2021. Shareholders approved all proposals, reflecting consistent performance and growth amid the pandemic. Logitech continues to showcase strong financial returns and a robust business strategy.

Logitech has launched the Logi Dock, an all-in-one docking station aimed at enhancing productivity for remote and hybrid workers. This device features one-touch meeting controls and enterprise-grade audio, integrating with popular video conferencing platforms like Google Meet, Microsoft Teams, and Zoom. With the ability to connect up to five USB peripherals and two monitors while charging laptops up to 100W, Logi Dock promises to declutter workspaces. The product will be available globally in Winter 2021, priced at $399.

Logitech expands its enterprise solutions with the introduction of Logi Bolt, a high-performance wireless technology tailored for modern workplace needs. Addressing IT challenges, Logi Bolt offers secure connectivity, a robust signal, and enhanced platform compatibility for Logitech devices. The technology is designed to support hybrid work environments, ensuring reliable connections even in congested spaces. Logitech aims to enhance employee productivity and collaboration with this innovation, which is now available for pre-order globally.

Logitech For Creators has partnered with Billboard to launch the Song Breaker Chart, a new monthly ranking recognizing creators who influence music trends through social media. This chart highlights the impact of creators on Billboard rankings, driven by viral content like memes and dance challenges. Inspired by the earlier Song Breaker Awards, the chart reflects the significant role of platforms like TikTok in shaping music consumption. Rankings will utilize engagement data from various social platforms and music sales metrics.

ASTRO Gaming and Timbuk2 have launched the Timbuk2 x ASTRO Collection, featuring the BP35 Gaming Backpack and CS03 Crossbody Sling. These high-quality gaming bags are designed for travelers and esports athletes, offering features like water-resistant materials, multiple storage options, and dedicated compartments for gaming gear.

The BP35 Gaming Backpack retails for $199.99 and the CS03 Crossbody Sling for $79.99, available on ASTRO Gaming and Timbuk2.