Mechanical watchmaking rises in Japan

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Mechanical watchmaking rises in Japan

Postby koimaster » September 12th 2017, 8:37am

Japanese watch firms are intent on beating the crisis and, with competition rife at entry level, are strengthening their footing in the mechanical market, as shown by last year’s takeover of Frederique Constant by Citizen, and by Grand Seiko’s international launch.

For that segment of watchmaking associated with values and tradition, there is a tendency not to see beyond the valleys of Switzerland. This, however, would be to overlook the fact that time measurement is not the preserve of a handful of purists gazing out across the Alpine mountains, and that other countries in the world have something worthwhile to offer. Japan is a case in point, as the development of its watch industry shows. Long considered the axis of evil, after quartz technology drained Swiss makers of their lifeblood in the 1970s, this island nation has since confirmed its major player status, producing around 70 million finished watches a year (compared to 25 million in Switzerland), 85% of which are exported.

https://journal.hautehorlogerie.org/en/ ... -in-japan/
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