Swatch's Smartwatch To Face Off Apple Watch
BANGALORE: Today, we expect every electric gadget to be smart, thanks to technology; the new trending gadgetry is wearables, such as wrist watch, glass and many more. As our demand for these gadgetry are increasing, the watch companies are coming forward to deliver what we expect. Here is the overview of Swatch’s advancement with Smartwatch as compiled by wsj.com.
The Swiss based Swatch Group AG recently announced that they are going to launch a new Smartwatch in the next few months. This advancement by the company signaled that they are ready to face the competition from Apple Inc.’s own Smartwatch.
According to Nick Hayek, CEO of Swatch, “Swatch will launch a new generation of its smart Swatch in the next two or three months,” reports the functions of smart Swatch expected to include mobile payments at supermarkets and applications with Android and Windows operating systems.
The biggest watchmakers has witnessed the vulnerability to the gush of Smartwatches entering the market than luxury focused rivals such as Cartier owner Cie. Financière Richemont because Swatch grosses 30percent of revenue from low and midrange brands.
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