Logitech CEO: Increased Spending on R&D and Marketing for Future Growth
Logitech's Strategic Plans Amid Economic Uncertainty
Commitment to Product Development and Marketing
ZURICH, May 8 (Reuters) - Logitech International (LOGN.S) will increase spending on product development and marketing this year, CEO Hanneke Faber said, despite concerns over a possible global economic slowdown triggered by the Middle East crisis.
Focus Areas for Growth
The Swiss-U.S. computer peripherals maker is looking to gaming, business customers and artificial intelligence-enabled devices to continue growth after cutting spending last year to deal with the impact of U.S. President Donald Trump's tariffs.
CEO's Perspective on Investment and Innovation
"We can and we should invest," Faber told Reuters. "The world is changing so fast with AI, which offers so many opportunities."
Reporting and Editorial Credits
(Reporting by John RevillEditing by David Goodman)

