Logitech plans to extend its reach to include tablets
Logitech has enjoyed much success in the PC and laptop business for their high quality mice, keyboards, speakers and webcam products. In an interview with The Wall Street Journal, Logitech chief executive Gerald Quindlin boasted revenue and sales growth of 12% and 23% this quarter, respectively, compared to the quarter before.
The company, however, recognizes the lucrative tablet market and will be taking the opportunity to release tablet-centric add-ons beginning in 2012. Regarding the kinds of peripherals Logitech have in mind, both the “audio and keyboard peripherals are two obvious opportunities,” said Quindlin, but there will still be “plenty of room to add value to the tablet experience.”
The expansion in products will not likely mean that Logitech will slow down its product lines for PCs and laptops as the company still sees growth in their core peripheral business. Instead, The Wall Street Journal expects the upcoming tablet peripherals to increase sales in order to offset any PC or laptop declines Logitech may experience in the approaching years.