Swatch To Launch Smartwatch To Take on Apple

Swatch, a major Swiss watch maker is reportedly working on a smartwatch to rival Apple watch, according to a report from Bloomberg. Swatch will unveil an intelligent watch in the next two to three months. This would place the release date right alongside the launch of Apple Watch, which is due to launch in April.

Key details about the watch have not been made public, though the report claims that the device will be compatible with Windows and Android.

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In an interview to Bloomberg, Chief Executive Officer Nick Hayek said: "The device will communicate via a form of technology known as NFC and won't have to be charged".

Battery life is already a major point of discussion in case of the Apple Watch, with rumours claiming that the watch won't even last a day.

He further added, "The Swatch smartwatch will also let consumers make mobile payments and work with Windows and Android software".

The report couldn't give a specific price, but did confirm that the watch will be out this spring.

Meanwhile, according to the Next Web, Swatch will release its new Swatch Touch watch at the end of this month. Unlike Swatch's forthcoming intelligent watch, Swatch Touch is a basic watch with LCD touch screen. They will be priced upwards of $100 (approximately Rs. 6,300).

Stay tuned to GizBot for more updates!