Watch out Apple: Swiss company Tag Heuer is developing its own smartwatch with tech rivals Google and Intel.
The announcement on Thursday comes a month before Apple Inc starts selling its smartwatch.
Tag Heuer’s version is expected to be ready at the end of the year. The companies did not say what it will look like or how much it will cost, but watches from the luxury timepiece maker typically cost US$1,000 and up.
Photo: EPA
The Apple Watch will start at US$350 when it goes on sale on April 24, but those made with 18-karat gold begin at US$10,000.
The Tag Heuer watch will not be the only fashionable smartwatch competing with Apple. Clothing maker Guess Inc worked with a startup, Martian Watches, to create a line of fashionable smartwatches modeled on Rigor, a traditional watch line from Guess. Another small company, Burg, has a model with Swarovski crystals.
The Tag Heuer smartwatch will use technology from Intel Corp whose Basis subsidiary already makes a fitness tracker called Peak. It will run Google Inc’s Android Wear system, which is already used in smartwatches by Motorola Inc, Sony Corp, LG Electronics Co and others. Android Wear emphasizes voice controls, although some selections can be made through buttons and touch screens.
Like most smartwatches, Tag Heuer’s version will require that a wearer keep a smartphone nearby for all the watch’s functions to work.
Tag Heuer, Google Inc and Intel made the announcement at Baselworld, a watch and jewelry trade show in Switzerland. Tag Heuer is a part of French luxury goods group LVMH.
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