From Yahoo Finance: 2025-04-29 16:12:00

Logitech International plans to move some production of computer peripherals out of China to counter U.S. tariffs. CEO Hanneke Faber aims to reduce China-made products shipped to the U.S. from 40% to 10% by shifting production to Vietnam, Taiwan, Thailand, Malaysia, and Mexico. The company will raise U.S. prices by 10% and cut costs to offset tariff impacts. Quarterly sales stayed flat at $1.01 billion, missing estimates of $1.03 billion. Analysts are encouraged by Logitech’s strategy, with the stock trading 1.5% higher in Zurich.



Read more at Yahoo Finance: Logitech to shift some production from China to counter Trump tariffs