Logitech CEO aiming to double target market for peripherals

By Thomson Reuters Apr 30, 2024 | 6:53 AM

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)