After reporting slightly lower-than-expected fourth-quarter earnings, Logitech International has laid out strategies to lessen the effects of the US President Donald Trump's tariff strategy.
Hanneke Faber, the company's CEO, stated that the company might actively address trade restrictions, a problem that is especially important to Logitech, which manufactures the majority of its goods outside of the US, one of its largest markets.
The company plans to use its varied manufacturing in six different nations. About 65 percent of net sales, according to reports, are said to originate from outside the US.
The strategy is for cutting the percentage of goods transported to the US from 40 percent to 10 percent.
Products are manufactured in Logitech's plant in Suzhou, eastern China, which has become challenging after Washington imposed 145 percent penalties on Beijing.
In 2018, the Swiss-American business began expanding its production outside of China, a move that Logitech claimed would help it manage the present difficulties.
In addition to the US, Logitech has a significant sales presence in Europe, where home workers and computer gamers favor their keyboards and other gadgets.
According to Logitech, its non-GA operating profit for the quarter that ended in March dropped to $133 million, below the $134 million experts had predicted.
Trump's April 2 announcement of additional trade tariffs had no impact on the company's financial results; but, issues with an online payment processor and increased R&D and marketing expenditures had a negative impact.
The analysts' average, compiled by Visible Alpha, was $1.03 billion, but quarterly revenues were flat at $1.01 billion.
But California-based Logitech, with headquarters in Lausanne and San Jose, missed its full-year prediction of $4.54 billion to $4.57 billion in sales and $755 million to $770 million in non-GA operating income.
Logitech withdrew its 2026 projection earlier this month, citing ongoing uncertainties brought on by Trump's trade policy.
Logitech is especially susceptible to US tariffs due to its manufacture in Mexico and Asia.
Contract manufacturers in Vietnam, Taiwan, Thailand, Malaysia, and Mexico create the remaining 60 percent of Logitech's computer mouse, keyboard, headset, and camera sales.
Additionally, these nations' exports to the US are subject to high duties.
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Logitech stated that it anticipated non-GA operating income of $155 million to $185 million and revenues of $1.10 billion to $1.15 billion for the first quarter of its fiscal year 2026.