Decoder with Nilay Patel

Logitech CEO Hanneke Faber wants your next mouse to last forever

28 snips
Jul 29, 2024
Hanneke Faber, the new CEO of Logitech, brings a wealth of experience from Unilever and Procter & Gamble to the tech world. She shares her vision for a more sustainable future through concepts like the 'forever mouse,' designed to be upgraded rather than replaced. Hanneke discusses the impact of hybrid work post-pandemic, structural changes at Logitech, and the integration of AI in product development. With a focus on lifestyle and sustainability, she aims to redefine computer peripherals to meet evolving consumer demands.
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ANECDOTE

Logitech's COVID Rollercoaster

  • Logitech experienced a surge in sales during the COVID-19 pandemic due to increased demand for home office equipment.
  • This growth slowed down as the world returned to normal, impacting the company's trajectory.
INSIGHT

Logitech's Triple Threat

  • Logitech identifies three growth drivers: hybrid work, gaming, and AI.
  • Hybrid work necessitates multiple setups, benefiting Logitech's personal workspace and video conferencing segments.
ANECDOTE

Gaming Grows Up (and Inclusive)

  • Gaming's demographic is expanding beyond young males, with women now comprising nearly half of all gamers.
  • Mobile games like Candy Crush and Wordle serve as gateways, potentially leading players to PC and console gaming.
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