Swatch prefers go-it-alone route for smartwatch plans


The logo of Swiss watchmaker Swatch is seen on the door of a Swatch watches shop in StrasbourgBy Silke Koltrowitz BIEL (Switzerland) (Reuters) – Swatch Group is happy to go it alone with a launch next year of watches with “smart” features to compete with so-called wearable gadgets from the big tech companies, a market potentially worth $93 billion. Swatch Chief Executive Nick Hayek said these new watches might allow the wearer to count the number of steps they take and calories they burn. “All the big technology firms want to work with us and I don’t rule out that we are or could be collaborating in some areas. Apple Inc has just invited media to a “special event” next month, fuelling speculation it might present a much-anticipated “iWatch.” The possibility of an iWatch launch is partly responsible for Swatch shares losing almost 15 percent so far this year, lagging a 3 percent rise in the European sector.

Next Post

Australia in trial mode as Clarke returns -

Australia in trial mode as Clarke returns
It's one of the roles that Rod Marsh, Cricket Australia's chairman of selectors, had outlined for the allrounder, who can bowl fast. His batting has also been gaining plaudits. Marsh started the series with a brisk 89 against Zimbabwe - his maiden ODI ...
Australia vs Zimbabwe tri-series: Star Cricket live streaming info and scoreWorld Tech Today
Cricket-World Cup will decide who's number one, say ClarkeReuters UK
Live Cricket Score Zimbabwe vs Australia 4th ODI at Harare: Zimbabwe Tri ...Cricket Country
Channel News Asia
all 184 news articles »