Swatch Says Watchmaker Could Form Smartwatch Partnerships
This article is for subscribers only.
Swatch Group AG, the biggest Swiss watchmaker, said it doesn’t rule out forming agreements with consumer-electronics companies to help produce smartwatches amid increasing competition in timepieces with more functions.
“We already work with a lot of them as a supplier of various strategically important components,” Beatrice Howald, a spokeswoman for Swatch, said in an e-mail, adding that the company has all the necessary technologies for a smartwatch. “We don’t exclude that it could come to deeper collaboration, but it’s not on our priority list.”