Logitech hasn’t been looking good as it reported its less-than stellar financial results for Q3 of Fiscal Year 2013, with a few product lines in the crosshairs for discontinuation. Logitech sales were down by 14 percent over the year, with a net loss of $195 million. The company will be discontinuing its Harmony universal remotes and console gaming peripherals.
“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.” said Bracken P. Darrell, president and CEO of Logitech.
Instead, the company has chosen to focus on mobility-related products for tablets and smartphones, such as their Ultrathin Keyboard Cover. They will however continue PC platform-related products, but it is unclear if PC gaming peripherals will continue to be produced.