The brand Swatch would launch a new smartwatch which would be available in the other two or three months. The company, Swiss watchmaker said on Thursday. Nick Hayek made a statement confirming the Swatch, said a spokesman for that company.
Hayek told to CNBC news, “Asked how much of a concern that smartwatch from the Apple was to the Swiss company.” he even told that this company was in market for a long time but did not give away the details regarding the new product.
In September, the Swatch company told that it was happy to get it along with the launch with the next year of the watches which would come with smart features to compete with all the wearable watches from big companies.
This market which is worth $93 billion which would be roughly around Rs. 5,75,625 cores. This company denied all the rumors that it will get along with Apple for this watch.
The company said that it would see this as the opportunity but not as a threat and it would launch its new Swatch this coming summer.
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