Logitech facing delays in getting products to Europe due to Red Sea crisis
ZURICH (Reuters) – Logitech International is facing 30-day delays in getting its products from its factories in Asia to Europe due to the Red Sea crisis, the computer peripheral maker’s CEO said on Tuesday.
The maker of computer keyboards, mice, speakers and webcams is the latest company to warn of the impact of attacks by Houthi militants in Yemen on shipping in the Red Sea, a shipping route vital to East-West trade.
“It’s taking us about 30 days longer to get product from Asia into Europe so that will have an effect in the quarters ahead,” Hanneke Faber told Reuters in an interview after Logitech posted its third quarter earningsearlier on Tuesday.
(Reporting by John Revill; Editing by Kirsten Donovan)
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