“Swiss watchmaker Swatch Group has denied a media report saying it was working with technology company Apple on a smartwatch, a wearable device with interactive functions,” Silke Koltrowitz reports for Reuters.
“A spokeswoman for Swatch Group said on Thursday the [VentureBeat] report was unfounded,” Koltrowitz reports. “She said the only business relationship Swatch Group had with mobile phone makers was as a supplier of integrated circuits and other electronic components.”
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