So where to now for the company?

Virtual reality

In an interview with The Australian Financial Review, Mr Darrell said Logitech was now looking at getting into the virtual reality (VR) peripherals business, making controllers that could be used in conjunction with virtual reality headsets in much the same way that it makes mice and keyboards that can be used with PCs.

"Just like with the mouse and keyboard, optimising the experience of the peripherals that go with VR will be an interesting place for us.

"We're in the middle of many discussions in that space … and at some point you can bet we'll jump in.

"But we're years away from viewing that as a serious category. We'd rather come in late and better than come in early and awkwardly," he said.

In the meantime, Logitech would continue to pursue the smart home. The company has already added the beginnings of a smart home hub to its high-end Harmony TV remote controls, which now can be used to control lights, air conditioning and even the lock on the front door of smart homes.

That hub would be expanded to allow Harmony users to control "99 per cent of the (smart home) devices that people really care about", Mr Darrell said. But, in spite of that, he didn't see Logitech vying to become a major player in the burgeoning smart home market. The company would rather work inside the systems from other suppliers, such as Google, Samsung and Apple, rather than compete directly with them.

"I'm not going to pretend that we can become the (smart home) hub for the home for the majority of people. I don't think that will happen. People do love the Harmony experience, and we want to enable them, if they want to, to operate it as a [household] hub and control an integrated set of experiences.

"But we're not making a big bet that we're going to be the main player in the home … We want to be very much a part of everybody else's play."