Thursday, February 5, 2015

Swatch says to launch smart watch in next 2-3 months

A woman looks at watches at a Swatch store at Zurich central station in this file photo taken on July 24, 2012. REUTERS/Arnd Wiegmann



A woman looks at watches at a Swatch store at Zurich central station in this file photo taken on July 24, 2012.


Credit: /Arnd Wiegmann






- Swatch (UHR.VX) will launch a smart watch in the next two to three months, the Swiss watchmaker said on Thursday.

A spokesman for Swatch confirmed Chief Executive Nick Hayek made the remarks to Bloomberg earlier on Thursday.


Asked how much of a concern the smart watch from Apple Inc (AAPL.O) was to the Swiss company, Hayek also told CNBC that Swatch had already been in the smart watch market for a long time but did not give detail on its plans for a new product.


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