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Swatch Group AG shares fell as much as 3.2% on concern Switzerland’s largest watchmaker will face more competition from the latest version of the Apple Watch, which can make calls and send messages without requiring a mobile phone.
Swiss watchmakers are diving further into the unproven smartwatch market, with Montblanc, TAG Heuer and Tissot seeking to attract younger shoppers with a technology the industry largely snubbed until consumers began turning away from traditional timepieces.
Swatch Group AG said it’s developing an alternative to the iOS and Android operating systems for smartwatches as Switzerland’s largest maker of timepieces vies with Silicon Valley for control of consumers’ wrists.
Switzerland's luxury watch sector can profit from a smartwatch boom as more consumers seek high-end versions of the technology.
Samsung's latest smartwatches, the Gear S3 Frontier and Classic, will be available in Malaysia next week on both online and offline platforms.
They were hyped as the next big thing after smartphones but tech giants have struggled to put a smartwatch on every wrist and Apple’s latest offering, aimed mainly at fitness enthusiasts, is unlikely to change that, analysts say.
The United States overtook Hong Kong as the No.1 market for Swiss watch exports in July as cash-strapped watch retailers in Hong Kong held back from ordering new timepieces.
Casio's new solar-charging connected women's watch, the SHB-100, connects to a smartphone via a dedicated application for a quick and easy way to keep accurate time in over 300 cities worldwide.
Big luxury watchmakers at the Geneva fair this week displayed little risk and extravagance in terms of style, focusing on classics and neo-vintage models and leaving it to smaller rivals to stand out with original and bold designs.