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Webcam, keyboard sales surge as workers set up home offices
Big tech’s strong stock performance should be embraced: Expert
BMO Capital Markets chief investment strategist Brian Belski says consumers’ high demand in big tech has given the market some growth.
Webcam and keyboard sales have surged during coronavirus as more workers set up home offices for the long term, 2020 earnings reports show.
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For example, computer software company Logitech International reported a 13.6-percent increase in sales in the first quarter of 2020 on Monday as more people work from home amid the pandemic, highlighting how people have made more long-term investments in home office supplies.
LOGITECH INTERNATIONAL S.A.
"Video conferencing, working remotely, creating and streaming content, and gaming are long-term secular trends driving our business," Logitech CEO Bracken Darrell said in a statement. "The pandemic hasn’t changed these trends; it has accelerated them."