Wearable.ai

Swatch Takes On Apple In China’s Wearables Market

IFREE PRESS - Oct 14 - Swiss watchmaker Swatch has teamed up with state-run China UnionPay Co and state-controlled lender Bank of Communications to develop a mobile-payment watch. China’s mobile payment transactions jumped 134 percent to 22.6 trillion yuan ($3.6 trillion) in 2014, according to the central bank.

See full article at iFree Press

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Swatch Has Multiple Smartwatches Planned For The Future

UBERGIZMO - Aug 23 - Despite the company's plans for multiple devices, they won't be direct challenges to other wearables like the Apple Watch or Android Wear devices. Instead Swatch's CEO claims that they will be more simplistic in nature.

by Tyler Lee
See full article at UberGizmo

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Swatch Smartwatch With Payment Features Summer Launch

BUSINESS ETC - May 28 - Swatch Group announced that its first Internet-enabled smartwatch will debut in two countries this summer. The smartwatch will sport NFC for convenient payment solutions.

by Martin Blanc
See full article at Business ETC

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Swatch Kicks Competition With 6-month Battery Smartwatch

CBR - May 7 - Swatch is working with research group Belenos and battery producer Renata on a battery that could last up to six months and be used both in smartwatches and cars.

by Joao Lima
See full article at Computer Business Review

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Swatch Goes For Cheap, Quick And China

REUTERS - Mar 12 - Swatch Group will start offering watches with NFC chips within two months. The Swiss company's strategy appears to revolve around including individual tech features in different models rather than going head to head with Apple. For its near-field chips, Swatch has teamed up with China UnionPay, the Chinese credit card association, as well as a Swiss bank and a major credit card company.

by Tom Miles
See full article at Reuters

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Swatch Smartwatch Won't Need To Be Charged

MASHABLE - Feb 5 - Swatch is gearing up to launch a smartwatch that will work with Android and Windows smartphones, the device will be able to connect to the Internet and allow users to pay for items in stores. Eliminating the need to charge a smartwatch daily, or even weekly, would give the Swatch smartwatch a huge advantage over other models, but would guarantee the watch wouldn't be as high-tech as its competitors in the space.

by Samantha Murphy Kelly
See full article at Mashable

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Swatch Group Will Not Pursue Smartwatch

TECH CRUNCH - Sep 15 - A source said that Swatch Group head Nicolas Hayek Jr. is adamant that the company would not be pursuing smartwatches inside Swatch itself or within any of the many Swatch brands. The Swatch Group has not yet offered a comment.

by John Biggs
See full article at Tech Crunch

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Swatch Plans To Unveil Own Smartwatch Next Summer

ITPROPORTAL - Sep 1 - Swatch CEO Nick Hayek said his company's new device would likely include fitness capabilities. However, he said that there would be some other cool "Swatchy" things on the boil, too, and the latest Bluetooth tech would be employed in the wrist-wear (low-power Bluetooth for better battery life – another key challenge the smartwatch presents). The company hasn't ruled out collaboration with another firm.

by Darren Allan
See full article at ITProPortal

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Swatch To Launch Fitness Watch In 2015

REUTERS – July 28 – According to Swatch CEO Nick Hayek, the company will begin integrating fitness monitoring functions into its Swatch Touch, originally launched in 2011. The company will use its own electronic components in the updated device, as to not be reliant on software and components from other companies.

See full article at First Post

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Swatch Waiting For Smartwatch Market To Grow

BLOOMBERG – June 17 – Swatch is waiting for the smartwatch market to grow before launching its own, though the company has all of the needed technology. The company plans to sell components to other manufacturers, quietly benefiting from a potential revolution in the $62B watch industry. Swatch currently supplies an unnamed U.S. fitness band maker. Increased sales of smartwatch components could generate $222M in sales for Swatch. An Apple smartwatch is expected to generate $11B in annual revenues. IDC forecast shipments of wearables to reach 112M units in 2018, up from ~19M this year.

by Corinne Gretler and Jan Schwalbe
See full article at Bloomberg