Swatch plans smartwatch to compete with Apple Watch
Swiss firm will start selling device within next three months
Zurich
SWATCH Group AG plans to start selling a smartwatch within the next three months, potentially pitting the Swiss maker of colourful plastic timepieces against the debut of the Apple Watch.
The device will communicate via a form of technology known as NFC and won't have to be charged, chief executive officer Nick Hayek said in an interview. The Swatch smartwatch will also let consumers make mobile payments and work with Windows and Android software, he added.
Mr Hayek is ready to go head-to-head with Apple Inc, which has scheduled its …
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Consumer & Healthcare
France's Casino supermarket chain to axe up to 3,200 jobs
Prada outshines rivals with 16% revenue lift boosted by Miu Miu
Toymaker Hasbro posts quarterly profit beat, slower sales decline
Hilton lifts 2024 profit forecast on international travel demand
China knockoff raid jolts a global throng of fake-fashion influencers
Roche cuts pipeline after research setbacks and sales drop