Logitech, the global computer accessories provider,having a tough time in the computer market and company is looking to turn back its glory. The company was reported to take some decissive action to turn its fortunes around and we are seeing the first step in a new direction.
Logitech’s first part of an organizational shuffle that is aimed at helping the firm in shifting markets. The poor sales of the Logitech’s PC accessories have forced the company to shift focus on the mobile accessories market, which has been the most profitable one lately.
Furthermore, the company is planning to consider the mobile market more seriously alongside the current PC platform. Logitech expects the realignment to save about $16million to $18 million upto 2014.