Nick Hayek, CEO of Swiss watchmaker Swatch Group, holds up a new model of a Swatch Skin wristwatch during a press conference to present the group's annual results in Biel on March 16, 2017. / AFP PHOTO / Fabrice COFFRINI
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.
The company’s Tissot brand will introduce a model around the end of 2018 that uses the Swiss-made system, which will also be able to connect small objects and wearables, Swatch chief executive officer Nick Hayek said in an interview March 16. The technology will need less battery power and it will protect data better, he said later at a press conference.
