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Rivalry Emerges in Watch Industry Over Battery Power
New rivalry marks watch industry as battery powered timepieces push into main spring territory. Analysts note a small share of about 5 percent this year with roughly 20 million watches sold in the United States, while traditional self winding and mainspring models remain dominant. The battery watches use a cell about the size of an aspirin tablet to drive the balance wheel, promising about a year between replacements as makers emphasize compact energy cells expanding into devices once run by motors or hand power.
MENTIONED IN THIS ARTICLE
Sam Dawson
AP Business New
Analyst
NEW York
United States
Hamilton
Elgin
Timex
Assof Vrances
Bat