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

Reuters News
Posted: Feb 05, 2015 5:10 AM

ZURICH (Reuters) - 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.

(Reporting by Joshua Franklin)