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Swatch Getting Into "Smart" Market

  • Reuters, Tuesday, September 2, 2014 11:50 AM

Not to be outdone by Samsung, Apple and other tech giant, Swatch Group is adding “smart” features to its watchers, from distance tracking to calorie counting. “The world's biggest watchmaker, which sees the advent of smartwatches as an opportunity rather than a threat, will unveil its new Swatch Touch next summer,” Reuters reports. “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,” according to Swatch CEO Nick Hayek.

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