The company which makes video conferencing equipment for offices and small businesses, LogiTech is one of the few companies to be making big sales during this perilous time of the COVID-19 pandemic as there is a boom in the sales of its keyboard, PC Webcams, tablets and other collaboration products.
The high demand for these products was based on the fact that more people now work from home and required they keep contact with their jobs. Doctors too are now adopting telemedicine and teachers are using distance learning measures to follow the social distancing measures. Even the gaming peripherals of the company is booming as well because people needs to entertain themselves the same which other mobile gaming comapnies are currently experiencing.
The company’s sales of video collaboration equipment includes cameras, microphones and software which allows online meetings to be possible has now increased by 60% in comparison to this time of the year in 2019. It’s keyboards, PC webcams, tablets and accessories also got increase in growth. Logitech’s overall sales were up 13.6 percent in the three months ending March 31st.
US Spending on consumer tech has increased according to an NPD data published last month. While many companies are struggling and others have to completely shut down, the pandemic actually affected positively companies that are more internet-centric while those that are more physical had to close off.
