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Quartz movement of the Seiko Astron, 1969. The quartz crisis (Swiss) or quartz revolution (America, Japan and other countries) was the advancement in the watchmaking industry caused by the advent of quartz watches in the 1970s and early 1980s, that largely replaced mechanical watches around the world.
The company was founded in 1983 through the merger of ASUAG and SSIH, moving to manufacturing quartz-crystal watches to resolve the quartz crisis threatening the traditional Swiss watchmaking industry. [2] [3] [4] The Swatch Group is the largest watch company in the world and employs about 31,000 people in 50 countries. [5]
Ronda AG is a Swiss manufacturer of quartz and mechanical watch movements. [1] The company was founded in 1946 by William Mosset and the current headquarters are located in Lausen, Basel-Landschaft. [2] Their movements are used in a variety of watches around the world, including RSC pilot's watches, Shinola, Prim and Mondaine watches. [3] [4 ...
ETA SA Manufacture Horlogère Suisse (ETA SA Swiss Watch Manufacturer) designs and manufactures quartz watches and both hand-wound and automatic-winding mechanical ébauches and movements. Commonly referred to as ETA , the company is headquartered in Grenchen , Switzerland , and is a wholly owned subsidiary of The Swatch Group .
In 1971, the company's annual production reached the historical peak of 220,000 watches. [4] During the quartz crisis of the 1970s, SSIH was forced to reduce its output by half and to sell off part of its assets. In 1975 SSIH transitioned Blancpain from watch brand to movement manufacturer for Omega and quartz pocket watch maker for Moeris.
Swatch is a Swiss watch company founded in 1983 by Ernst Thomke, Elmar Mock, and Jacques Müller. It is a subsidiary of The Swatch Group.The Swatch product line was developed as a response to the "quartz crisis" of the 1970s and 1980s, in which inexpensive, battery-powered, quartz-regulated watches were competing against more established European watchmakers focused on artisanal craftsmanship ...
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