Name: Logitech shares surge as COVID-19 boosts home-working
Uploaded: 2020-10-23T20:20:10.000Z
Duration: 1 min 40 s
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global lock down has boosted business for Logitech International.

The Swiss US computer peripherals company increased sales by 75% in its latest quarter as people working from home splash out on computer keyboards, mice and webcams to kit out their makeshift offices.

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Chief Executive Bracken Darryl said long term changes to home working and demand for video calls will remain relevant even after society goes back to the new normal.

I think the future is gonna cluster into three different groups.

I think they're gonna be groups that go back to business as a zit waas, which is everybody's working in the office.

I think that's gonna be a small minority.

They're gonna be groups that are gonna get rid of their officers entirely and have everybody work from home.

But I think that's gonna be a small minority.

The Big middle is gonna be this group that has, you know, two or three days a week in the office, two or three days a week at home, you're gonna need a workspace in both places.

You leave video enablement in both places, so that's the future we see.

It's really position us well, help on all sides at present, people are simply buying mawr of everything, Darryl said, pointing to big increases in Logitech sales.

The work from anywhere trend has become what I need a I need a place to work at home.

Used to be you there had your phone or a tablet or iPad Or maybe you have a laptop.

You said in the bed of the cows and you work That's really uncomfortable do for many for days for a long day.

So I think most people are realizing I'm gonna be a home a couple days a week, you know, in the middle I mentioned earlier, and so I need a desktop.

So they're they're going beyond what they would have done before and setting themselves up where it looks good.

 It feels good so early on aesthetics and functionality. 