12-03-2015 14:02 via uk.news.yahoo.com

Swatch adds tech features to watches, positive on 2015

By Tom Miles CORGEMONT, Switzerland (Reuters) - Swatch Group, the world's largest watchmaker, on Thursday said it would compete with Apple Inc's upcoming smartwatch by baking inexpensive chips into existing watch lines to allow consumers to make payments with a swipe of their wrist. Chief Executive Nick Hayek told the company's annual results news conference that the outlook for 2015 results was "very good" despite the surge in the value of the Swiss franc. "This no
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