Swatch Throws Smartwatch Clock In The Summer

The ceo of Swatch revealed that the Swiss manufacturer will launch a smartwatch clock payment functionality, this summer in two countries. The company, like its counterparts, is trying to get a fair share of the market for smart watches, dominated by big names in the world of technology. The CEO Nick Hayek, quoted

The ceo of Swatch revealed that the Swiss manufacturer will launch a smartwatch clock payment functionality, this summer in two countries. The company, like its counterparts, is trying to get a fair share of the market for smart watches, dominated by big names in the world of technology.

The CEO Nick Hayek, quoted by the Wall Street Journal, revealed that the Swatch will debut in your domestic market and in another “big country”, without advance great details.
Despite the meager information that are no more than a mere teaser to indicate that the company is gaining momentum to take over the market for smart watches and regain the lead, it is thought, according to the website Mobile World Live, this mystery country is China or the United States, being both a major source of revenue for the Swatch. It is said that the Swiss manufacturer has already signed a contract with a Chinese Bank, China Unionpay.
The announcement of the Swatch smartwatch is a clear indicator that the traditional manufacturers of watches are the see the day the dark and it’s time to explore new markets, new sources of revenue and new business opportunities to conserve your relevance and are not in your native industry eclipsed by outsiders of the technological area.
But there remain some questions as to the practicability of these plans. In February there was a statement that Hayek within three months – in may, so – would be launched a smart watch with the imprint of Swatch. Such, of course, did not occur.
Reflects that the timepiece of the Swiss company is equipped with field communication technology (NFC) proximity, allowing payments through wearable.