(BFW) Swatch Says It Could Form Smartwatch Cooperation Agreements


BN 10/21 09:45 Swatch Says It Could Form Smartwatch Cooperation Agreements

Swatch Says It Could Form Smartwatch Cooperation Agreements
2014-10-21 09:46:49.491 GMT


By Corinne Gretler, Jan Schwalbe and Heather Burke
Oct. 21 (Bloomberg) -- Swatch said it doesn’t rule out
forming agreements with consumer-electronics companies to help
produce smartwatches amid increasing competition in timepieces
with more functions.
* “We already work with a lot of them as a supplier of various
strategically important components,” Beatrice Howald, a
spokeswoman for Swatch, said in an e-mail, adding that the
company has all the necessary technologies for a smartwatch.
“We don’t exclude that it could come to deeper
collaboration, but it’s not on our priority list”

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To contact the reporter on this story:
Heather Burke in London at +44-20-7673-2044 or
hburke2@bloomberg.net
To contact the editors responsible for this story:
James Ludden at +44-20-7673-2645 or
jludden@bloomberg.net