Publiboda

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Publiboda
SWATCH (PORTLAND)
Sector Jewelers
Country US
State Oregon
Address 617 SW Morrison Street, OR 97205, Portland, Oregon, US
Phone (503) 222-3380
Web http://www.swatch.com
Description
Our Services: Jewelry. Swatch overcomes crisis and leads to the survival of the Swiss watch industry. In the mid-seventies, the Swiss watch industry was in the midst of its worst crisis ever. Technologically speaking, the Japanese competition had been outclassed in 1979 with the launch of the "Delirium, " the worldŽs thinnest wristwatch with a limited number of components. But the event that marked the upturn in the industryŽs fortunes was the founding of SMH, the Swiss Corporation for Microelectronics and Watchmaking Industries. And its answer to the crisis was Swatch-a slim plastic watch with only 51 components (instead of the usual 91 parts or more) that combined top quality with a highly affordable price. It first went on sale in 1983. Since this time, it has gone on to become the most successful wristwatch of all time, and The Swatch Group, the parent company, is the largest and most dynamic watch company in the world.
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