Tag Heuer changes tune, now looking at smartwatches

La Chaux-de-Fonds, Switzerland

BARELY a few months after dismissing Apple's smartwatch, the new chief executive of luxury Swiss watchmaker Tag Heuer conceded on Tuesday that such a hi-tech gadget might have a place in his firm's line-up after all.

"Initially, we were all a bit reticent," Jean-Claude Biver told reporters in La Chaux-de-Fonds, the Swiss city at the centre of the watchmaking industry.