Swatch planning cross-platform smartwatch & mobile payments to compete with Apple Watch, says CEO

Swatch CEO Hayek

Late Swatch co-founder Nicolas Hayek

While Swatch certainly won’t be partnering with Apple on the iPhone maker’s upcoming Watch despite an ill-fated rumor that surfaced last year, the watchmaker does plan to go toe-to-toe with Apple promising its own version of a smartwatch due out soon. Bloomberg reports that Swatch plans to bring its answer to the Apple Watch to market in the next 90 days.

The device will communicate via the Internet “without having to be charged,” Chief Executive Officer Nick Hayek said in an interview. The Swatch smartwatch will also let consumers make mobile payments and work with Windows and Android software, he said.

It’s unclear if Swatch intends for its own smartwatch to be compatible with iPhones like the Apple Watch or if the company is only targeting competing platforms, but Swatch CEO Nick Hayek’s claim that its Internet-connected watch won’t need to be charged will be interesting if the company does indeed deliver with functionality that competes with an Apple Watch. Read more

TAG Heuer exec changes tune on Apple Watch, says he’ll likely wear one, even while gearing up to challenge it

biver_tag_heuer

TAG Heuer executive Jean-Claude Biver may have dismissed the Apple Watch just a few short months ago (as Apple was poaching members of the company’s leadership for the project), but it seems he has recently had a change of heart. In an interview with Bloomberg, Biver called the upcoming gadget “a fantastic product, an incredible achievement” and said he’ll likely wear one.

At the same time, however, Biver acknowledges that his company plans to partner with Silicon Valley to create its own entries to the smartwatch market. Because Switzerland doesn’t have the technological prowess needed to produce such a device, it will need to rely on external partners for some parts of its design.

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