Description: Swatch (UHR:VX) has made a self-winding timepiece with just 51 components. As Samsung (005930:KS) and other tech giants race to bring smartwatches to the public, slashing the number of moving parts in a timepiece is what counts as an extraordinary advance in the 500-year-old dumbwatch industry.

Source: Businessweek.com

Date: Sep 06, 2013

Link: http://www.businessweek.com/articles/2013-09-06/hey-samsung-the-dumbwatch-industry-has-you-beat

Questions for Discussions:

• Why do suppose Swatch has done as well as it has?
• What does this report say about consumer attitude towards wristwatch technologies?