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Swatch says to launch smart watch in next 2-3 months

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February 5
6:30 AM 2015

Swatch (UHR.VX) will launch a smart watch in the next two to three months, the Swiss watchmaker said on Thursday.

A spokesman for Swatch confirmed Chief Executive Nick Hayek made the remarks to Bloomberg earlier on Thursday.

Asked how much of a concern the smart watch from Apple Inc (AAPL.O) was to the Swiss company, Hayek also told CNBC that Swatch had already been in the smart watch market for a long time but did not give detail on its plans for a new product.

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