Logitech International (LOGN.S), opens new tab is making good progress on shifting its production lines out of China to reduce the impact of U.S. tariffs on its computer peripherals, Chief Executive Hanneke Faber said on Wednesday
The changes were announced in April to lessen the impact of U.S. duties on Chinese imports, which currently amount to 20% and 30% on the mice and keyboards Logitech makes in the country. The Reuters Daily Briefing newsletter provides all the news you need to start your day. Sign up here.
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"We said in April we were at 40% of products bound for the U.S coming from China and by the end of the year we will be at 10%," Faber told Reuters after Logitech reported its Q1 2026 earnings.
"We are a little bit better than 30% now, we are well on track," she added. The shift in production lines to Malaysia, Thailand, Vietnam and Taiwan was not leading to any material cost increases, she said.
