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Logitech to stop production of console accessories

Logitech to stop production of console accessories

Thu 24 Jan 2013 2:22pm GMT / 9:22am EST / 6:22am PST
Hardware

CEO announces move following poor quarter

Following disappointing financial results for its latest quarter, electronics manufacturer Logitech has made the decision to stop making console gaming accessories.

"We have also identified a number of product categories that no longer fit with our current strategic direction," said CEO Bracken P. Darrell.

"As a result, we have initiated the process to divest our remote controls and digital video security categories, and we plan to discontinue other non-strategic products, such as speaker docks and console gaming peripherals, by the end of Calendar Year 2013."

The company, which plans to focus instead on PC and mobile products, saw a drop in sales of 14 per cent YoY to $615 million for Q3 FY 2013.

"As we articulated when we started the third quarter, continued weakness in the global PC market was the primary factor in our disappointing Q3 results. These results are unacceptable and we are taking decisive action as an outcome of my strategic review."

Some of Logitech's current console accessories include the F710 Wireless Gamepad and the Wireless Headset F540. It also makes an extensive range of keyboards, mice and other accessories for PC gaming.

7 Comments

Bruce Everiss
Marketing Consultant

1,692 594 0.4
Go with the market.

Posted:A year ago

#1

Kingman Cheng
Illustrator and Animator

951 180 0.2
Logitech produced console accessories? Man I've been living under a rock for a long time then! I tend to only associated them with PC accessories.

Posted:A year ago

#2

Tom Keresztes
Programmer

655 270 0.4
The F710 is a PC joypad. From the logitech support page :

No. The Wireless Gamepad F710 does not function on Xbox360 game consoles.

Posted:A year ago

#3

Dave Knudson
Sr. Technology Manager

42 7 0.2
Logitech did have some success on consoles in the PS2/Xbox era. Their wireless controllers worked well at a point when 1st parties were only offering wired controllers.

I think the challenge is, what can you offer consumers over the stock peripherals? On PS2/Xbox, that niche was obviously there. On 360/PS3, not so much.

Posted:A year ago

#4

Greg Wilcox
Creator, Destroy All Fanboys!

2,174 1,123 0.5
I had a couple of old Logitech PS2 and Xbox controllers here, so I can confirm they did indeed make console stuff that was a nice option to the stock pads. Nice enough that someone swiped one when the place was being painted a few years back, so I hope he got a few years worth of use out if it...

Posted:A year ago

#5
Seems all the success stories from the PS2 (Gen-6) days are now coming apart at the seams as we move towards Gen-8 hardware - and argue about if a independent (PC) hardware path is the new future?

Posted:A year ago

#6

David Radd
Senior Editor

359 78 0.2
I think the fact that the Xbox 360 was not an open platform for peripherals (it required some sort of security chip) really hurt Logitech this generation. It's surprising for me to see people not know that they did console stuff since it used to be a huge part of their business, but I guess that goes to show how much that's fallen away recently.

Posted:A year ago

#7

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