Logitech's CEO, Hanneke Faber, announced that the company has successfully transitioned its production lines out of China, with the aim of reducing the share of China-made products to 10% of its total U.S. imports by the close of this year. This objective has already been partially met, as the percentage has declined from 40% to approximately 10%. To mitigate the effects of tariffs, Logitech has implemented price increases in the U.S. market, vowing not to escalate prices further.