Swatch CEO Nick Hayek is saying that the time giant is working on its own operating system, and expects to have something on the market next year. Cautious as it is, Hayek's comments late last week on the eve of the Baselworld watch show are his company's biggest step yet into the emerging market. Hayek's correct objection to the existing generation of smartwatch OSes -- … [Read more...]
Swatch to Sell Smartwatch Within Three Months, Says Bloomberg
Remember when Swatch Group CEO Nick Hayek said smartwatches would never catch on? He's changed his tune, and now tells Bloomberg that he'll be selling a smartwatch, complete with an NFC chip for payments, within the next three months. Why the turnaround? Because Hayek did not get to be the boss of the world's biggest watch company by being stupid. It's clear that people want … [Read more...]
Swatch CEO Hayek Whistles Past the Wearables Graveyard
For a company that so thoroughly disrupted its own industry, Swatch is being pretty blithe about the impact of wearables. For those who don't follow such things, the Swatch Group pretty much remade the watch business over the last 30 years or so by standardizing watch movements and relentlessly driving costs down. It's the world's biggest watch maker, and its brands include … [Read more...]