The company has decided to aim for a different niche market than its top competitors such as Apple. Swatch Group has now revealed that the direction it will be taking in smartwatch technology will be in its plastic brand that will be available for a lower price and that it would be continuing in that direction before it would consider installing its tech into more expensive brands such as Apple. Based in Biel, Switzerland, the company also owns top brands such as Omega, Tissot and Longines. Swatch has already launched…
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Smartwatch patents are being snatched up by Swatch
The watchmaker has been scooping up patents for wearables to the point that it is now believed they have 173 of them. Many experts and consumers, alike, have been waiting for a smartwatch to be released by Swatch, but that watchmaker appears to be taking its time before coming out with a device of its own within this category. That said, it hasn’t been idle in the area of wearables, as it has been purchasing dozens of patents. In fact, a recent estimate issued by Bloomberg Business has shown that…
Read MoreSwatch to bring smartwatch to China to support mobile payments
Swatch set to break into China’s mobile commerce market with wearable technology Swiss watchmaker Swatch has plans to bring its smartwatch to China, where it will support mobile payments. The watch, called Swatch Bellamy, is designed with mobile commerce in mind and will allow consumers to make purchases at various stores in the country. Swatch is currently working with banking groups in China to expand the acceptance of the platform, allowing more consumers to make use of it while shopping at physical locations. Swatch Bellamy will be supported by Chinese…
Read MoreCo-inventor of Swatch scoffs at Apple Watch
According to Elmar Mock, the smartwatch should be seen more as a type of toy than a timepiece. Elmar Mock, one of the Swatch watch co-inventors, has set the insults flying when it comes to the Apple Watch, having called it nothing more than a toy and not a type of clock that should be taken seriously. In a recent interview, Mock didn’t hold back his opinions about the rival smartwatch from the tech giant. Swatch already has its own version of a smartwatch. His brand is based on wrist…
Read MoreSwatch to break into mobile payments
Watchmaker has plans to launch a payment service and a wearable device Swiss watchmaker Swatch is planning to break into the mobile payments space. The company has plans to unveil a new wearable device within the next 90 days, which will serve as a response to other wearable devices that are being launched. According to Swatch, the new device will be able to connect to the Internet and communicate with other devices without having to be charged. The device will also support mobile payments, making it a competitor with similar…
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