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Swatch to Launch First Smartwatch in the Next 2 to 3 Months

Swatch to Launch First Smartwatch in the Next 2 to 3 Months 4g2y3o

By NDTV Correspondent | Updated: 5 February 2015 18:03 IST

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Swatch will launch a smartwatch in the next two to three months, the Swiss watchmaker said on Thursday.

A spokesman for Swatch confirmed Chief Executive Nick Hayek made the remarks to Bloomberg earlier on Thursday. 3s2s3e

Asked how much of a concern the smartwatch from smartwatch market for a long time but did not give detail on its plans for a new product.

Back in September, the Swatch Group denying rumours at the time it was collaborating with Apple on its smartwatch.

Swatch had said it sees the advent of smartwatches as an opportunity rather than a threat, and that it would unveil its new Swatch Touch next summer. Hayek's recent remarks however peg the launch to be slightly earlier than that date.

In September, Hayek said Swatch's new watches might allow the wearer to count the number of steps they take and calories they burn. And there will be a few other cool 'Swatchy' things on offer via latest Bluetooth technology.

"All the big technology firms want to work with us and I don't rule out that we are or could be collaborating in some areas. But we can also do many things on our own."

In July, Swatch had said its Swatch Touch lineup of watches would get fitness tracking features in 2015.

Written with inputs from Reuters

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