Logitech denies delay in Google TV set-top boxes

By Dow Jones Newswires
Posted Dec. 27, 2010 at 2:44 p.m.

Logitech International SA  Monday denied Google Inc.  had asked the Swiss electronics firm to suspend production of television set-top boxes until the U.S. Internet giant irons out software problems.

“Suggestions that production of the Logitech Revue companion box might need to be halted to address software issues are unfounded. As those familiar with the product know, it is not necessary for Logitech to make changes to the companion box to accommodate future enhancements to Google TV,” Logitech spokeswoman Nancy Morrison said in a statement to Dow Jones Newswires. Logitech was addressing a report in trade publication Digitimes that Logitech is delaying shipments through January.

Logitech makes the Revue set-top box, high-definition TV webcam and minicontroller used in Google TV, which allows people to access the Internet and search for shows and films through their TVs.

In October, Logitech raised its full-year sales guidance to $2.4 billion, buoyed by the prospects for Google TV hardware. The Swiss-listed company has high hopes for Google TV, into which it has invested heavily.

Logitech Chief Executive Gerald Quindlen said recently that he sees lower gross margins for the first wave of products — the Revue set-top box, TV camera and minicontroller — than the 32 percent to 34 percent margins the rest of Logitech’s computer products can generate.

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One comment:

  1. Nicole Jan. 3 at 11:27 a.m.

    NicoleV here. As an employee of DISH Network I’m pleased to share that the Logitech Revue is one of the best products we have been associated with. If you gave any questions I can answer them here for you!