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

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

A woman looks at watches at a Swatch store at Zurich central station in this file photo taken on July 24, 2012.

Credit: Reuters/Arnd Wiegmann

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)

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