Technology groups from Samsung Electronics Co Ltd to Sony Corp are counting on wearable electronic devices able to hook up to the Internet, melding fashion and technology in what could be the next mass consumer trend. "There's a lot of noise about smartwatches, but you don't see them on people's wrists," Francois Thiebaud, head of Swatch Group SA's Tissot brand, told Reuters in an interview at a watch fair in Basel. Family-owned Patek Philippe and La Montre Hermes, the watch unit of luxury goods group Hermes International SA, don't see smartwatches as a threat for their business, their heads said. Both Patek's Thierry Stern and Hermes' Luc Perramond said their target market was different from the young buyers who might be looking for something to wear on their wrists.
via Tech News Headlines - Yahoo News http://ift.tt/1jvG7xl
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