p product lines. Audio-PC and Wearables: In the PC speakers business, the company’s competitors include Bose; Cyber Acoustics; Altec Lansing LLC; and Creative Labs, Inc. In the PC headset business, its main competitors include Plantronics and Altec Lansing. In-ear headphones competitors include Skull Candy, Sennheiser, Sony, and others. Video: The company’s primary competitor for PC Webcams is Microsoft Corporation. Remotes: The company’s primary competitors for remotes include Philips; Universal Remote Control, Inc.; General Electric; RCA; and Sony. Video Conferencing The company primarily competes in the medium and small business, education, and state and local business sectors of the enterprise video conferencing market. There is increased participation in the video conferencing market by companies, such as Cisco Systems, Inc., Polycom, Inc. and Avaya, Inc. In addition, there are an increasing number of PC-based multi-person video conferencing applications, such as Microsoft Corporation’s Lync and Skype, Google Hangouts for Business and new entrants delivering cloud-based video conferencing services, such as Bluejeans Networks and Zoom.us, which compete with the company’s Lifesize products and services. Environmental Regulation Europe: In Europe, the company is subject to the European Union's (EU's) RoHS (Restriction of Use of Certain Hazardous Substances in Electrical and Electronics Equipment) Directive 2011/65/EU, or RoHS 2. The company is also subject to various EOL (End of Life) Stewardship directives, including the EU's WEEE (Waste Electrical and Electronic Equipment) Directive, the EU Packaging Directive and the EU Battery Directive. China: In China, the company is subject to China's law on Management Methods on the Control of Pollution Caused by Electronic Information Products (China RoHS). The United States and Canada: In the U.S., the company is subject to, among other laws, Appliance Efficiency Regulations adopted via the U.S. Energy Independence and Security Act of 2007. The company is also subject to California's Proposition 65. The company is also subject to the requirement as set out by the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010, specifically Section 1502, which addresses the use of Conflict Minerals in the supply chain. The company has established systems which facilitate its compliance with the sourcing and traceability obligations and the reporting requirements of this Act aligned with guidelines published by the Securities and Exchange Commission. As an EICC (Electronic Industry Citizenship Coalition) member, the company is participating in the establishment of this industry-wide Conflict Minerals approach by which these requirements will be met. Australia and New Zealand: In Australia and New Zealand, the company is subject to the MEPS (Minimum Energy Performance Standards) regulations. Seasonality The company’s retail peripherals product sales are typically seasonal. Sales are generally highest during its third fiscal quarter (October to December) primarily due to the increased demand for its products during the year-end holiday buying season. History Logitech International S.A. was founded in Switzerland in 1981.
(LOGI:Consolidated Issue Listed on NASDAQ Global Select )
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