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During the seventies and early eighties, the Swiss watch industry endured what is known as the Quartz crisis, which resulted from the slow adoption of quartz watch technology by Swiss watchmakers ...
The first quartz wristwatch to market, the 1969 Seiko Astron, is often cited as marking the beginning of the Quartz Crisis.Quartz timekeeping, however, goes back to the early 20th century at Bell Labs ...
The Swiss Weren’t Far Behind. A cursory understanding of the so-called Quartz Crisis might suggest that Seiko (or more broadly the Japanese watch industry) simply came along with inexpensive mass ...
To those that lived through the "quartz crisis" of the '70s — when cheap Japanese quartz watches threatened to overtake the market, pushing Swiss watches into luxury territory — this message ...
During what other countries called the quartz revolution, cut-price quartz watches contributed to the closure of 1,000 of Switzerland’s 1,600 domestic watchmakers between 1970 and 1983.
In 1982, after taking a licking from Japanese competitors that had championed quartz batteries, the Swiss watch industry was facing an existential crisis. But rather than seeing the mechanical ...
Swiss watch companies had dominated the world of precision timekeeping for two centuries by the 1970s, when a technological marvel known as the quartz watch - a cheaper, more accurate work of ...
Until Seiko's Astron, Swiss watchmakers were king. In 1970 there were more than 1,500 Swiss watchmakers. But by the height of the "crisis" in 1983, their numbers stood at a mere 600.
After World War II the Swiss were the dominant force in watchmaking. Their products were high quality, and certified to meet an accuracy of -4 to +6 seconds per day. But then technology advanced; ...
Swiss watch companies had dominated the world of precision timekeeping for two centuries by the 1970s, when a technological marvel known as the quartz watch — a cheaper, more accurate work of ...
In a recent visit to Zenith's watchmaking facility to interview Julien Tornare, the new chief executive officer who is attempting to revive the 150-year-old watchmaker following the industry's ...