Logitech pulls out of Google TV

Switzerland-based consumer electronics group Logitech is to cease manufacturing its Google TV-enabled Revue device, with CEO Guerrino de Luca describing the project as “a mistake of implementation of a gigantic nature”. Logitech plans to run down its existing inventory of the Google-enabled Revue and will not release a new Google TV product. De Luca said […]

Logitech issues profit warning

Switzerland-based set-top provider Logitech, an early supporter of the Google TV platform, has issued a profit warning. Logitech said that “ as a result of a detailed business assessment conducted over the last several weeks” it now expected to deliver revenue of approximately US$2.4 billion (€1.8 billion) and operating income of approximately US$90 million for […]