logitech: Chip shortage to be resolved by the end of 2022, says Logitech CEO Bracken P Darrell

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 logitech: Chip shortage to be resolved by the end of 2022, says Logitech CEO Bracken P Darrell 

logitech: Chip shortage to be resolved by the end of 2022, says Logitech CEO Bracken P Darrell


Logitech International is seeing the impact of the global semiconductor chip shortage moderate, Chief Executive Bracken Darrell said, adding he expects problems to be overcome by the end of the year.

"We are not over it, but the symptoms are getting milder," Darrell told Reuters after the computer peripheral maker reported its first-quarter earnings.

"We will be free and clear in the third quarter, or in the worst case, the fourth quarter," he said, referring to Logitech's two reporting periods that end on December 31, 2022, and March 31, 2023, respectively.


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