Swatch CEO Nick Hayek says his company is developing a long-life battery that can be used for smartwatches and will be ready in 2016, according to Swiss weekly newspaper Handelszeitung. Smartwatches draw the most attention to the growing wearables market, but battery life continues to be a major fight for manufacturers developing wrist-worn smart technology.
"Whoever brings a battery for a smartwatch to the market that you don't need to charge for six months has a competitive advantage," Hayek said in a statement to Reuters. "We're working intensively on this problem with our research group Belenos and battery producer Renata."
The company also said its battery won't just be for smartwatches, but could be used in vehicles: "Next year we will come to the market with a revolutionary battery, not only for watches but also for automobiles."
Developing batteries that can power devices - and vehicles - for a long time before needing to be recharged are in extremely high demand. Swatch hopes to be able to cash in, using the battery for its own products, or see them used in products released by other companies.