Logitech cuts China production for US from 40% to 10%

Logitech plans to cut China production to 10% by year-end to avoid US tariffs, with CEO Faber noting no significant cost increases despite relocation to Malaysia, Mexico, Taiwan, Thailand, and Vietnam.
Logitech International is accelerating its production shift away from China due to mounting U.S. tariff pressures. CEO Hanneke Faber announced that the company is "well on track" to reduce its reliance on Chinese manufacturing. By year-end, the Swiss computer peripherals maker aims to cut the proportion of its U.S.-bound products manufactured in China from 40% to 10%.
0 Comments