BY CHRONICLE STAFF
U.S.-based Logitech, the worlds largest maker of computer mice, last week released its fiscal year 2008 results, showing a 15 percent increase in sales to $2.4 billion and a 24 percent increase in net income to $287 million. The company does not disclose Latin America sales figures, but it saw a record year in the region, according to Lou Viveros, Latin America vice president for Logitech. Latin Business Chronicle asked Viveros about the results and the outllook.
Latin Business Chronicle: Were you happy with the 2007 results in Latin America?
Viveros: Logitechs founder Daniel Borel has a saying he uses often: "Success is never final." So I will say we are very satisfied with our progress in 2007, which was a record year for Logitech in Latin America - with greater penetration and growth in all major countries - but we will always have much more to do.
In which markets did you see the strongest growth?
Logitech does not disclose country-by-country growth data, but I can say that ...