{"id":5042,"date":"2020-02-07T04:18:02","date_gmt":"2020-02-07T03:18:02","guid":{"rendered":"https:\/\/www.agneselect.com\/?p=5042"},"modified":"2026-07-12T15:36:23","modified_gmt":"2026-07-12T14:36:23","slug":"eta","status":"publish","type":"post","link":"https:\/\/www.agneselect.com\/en\/arts-culture\/eta\/","title":{"rendered":"ETA and Their 5 Million Movements a Year"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"5042\" class=\"elementor elementor-5042 elementor-4974\" data-elementor-post-type=\"post\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-46ef18f1 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"46ef18f1\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column 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class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-a189c63 elementor-widget elementor-widget-spacer\" data-id=\"a189c63\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-4b8e29f elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"4b8e29f\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-821b2c0\" data-id=\"821b2c0\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-0972286 elementor-widget elementor-widget-html\" data-id=\"0972286\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"html.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<a class=\"spreaker-player\" href=\"https:\/\/www.spreaker.com\/user\/eightpastten\/podcast-21-8past10\" data-resource=\"episode_id=21398428\" data-theme=\"light\" data-autoplay=\"true\" data-playlist=\"false\" data-width=\"100%\" data-height=\"200px\">Listen to \"Episode 21 - ETA And Their 5 Million Movements A Year\" on Spreaker.<\/a><script async src=\"https:\/\/widget.spreaker.com\/widgets.js\"><\/script>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-7959200 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"7959200\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-1b6a43e\" data-id=\"1b6a43e\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-a497b40 elementor-widget elementor-widget-image\" data-id=\"a497b40\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t<figure class=\"wp-caption\">\n\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"800\" height=\"359\" src=\"https:\/\/www.agneselect.com\/wp-content\/uploads\/2020\/02\/swatchgroup-default-header-home2-1024x459.jpg\" class=\"attachment-large size-large wp-image-4980\" alt=\"\" srcset=\"https:\/\/www.agneselect.com\/wp-content\/uploads\/2020\/02\/swatchgroup-default-header-home2.jpg 1024w, https:\/\/www.agneselect.com\/wp-content\/uploads\/2020\/02\/swatchgroup-default-header-home2-600x269.jpg 600w, https:\/\/www.agneselect.com\/wp-content\/uploads\/2020\/02\/swatchgroup-default-header-home2-300x134.jpg 300w, https:\/\/www.agneselect.com\/wp-content\/uploads\/2020\/02\/swatchgroup-default-header-home2-768x344.jpg 768w, https:\/\/www.agneselect.com\/wp-content\/uploads\/2020\/02\/swatchgroup-default-header-home2-1536x688.jpg 1536w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/>\t\t\t\t\t\t\t\t\t\t\t<figcaption class=\"widget-image-caption wp-caption-text\">Swatch\u96c6\u56e2\u603b\u90e8<\/figcaption>\n\t\t\t\t\t\t\t\t\t\t<\/figure>\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-712daad elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"712daad\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-7dc2509\" data-id=\"7dc2509\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-2df84ab elementor-drop-cap-yes elementor-drop-cap-view-default elementor-widget elementor-widget-text-editor\" data-id=\"2df84ab\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;drop_cap&quot;:&quot;yes&quot;}\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>The topic of the 21st episode of 8Past10 Watch Talks was the latest, and probably the most dramatic, update of the seesaw battle between the Swatch Group and Switzerland\u2019s Competition Commission (COMCO).<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-7cfc44c elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"7cfc44c\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-c4dd628\" data-id=\"c4dd628\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-dc0bbc4 elementor-widget elementor-widget-text-editor\" data-id=\"dc0bbc4\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>As an independent federal authority, one of COMCO\u2019s main tasks is: \u201cmonitoring dominant companies for signs of anti-competitive conduct.\u201d Unsuprisingly, the watch industry monopoly Swatch Group appears right in their radar.\u00a0<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-7bdcbb9 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"7bdcbb9\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-1b78c00\" data-id=\"1b78c00\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-22b9e89 elementor-widget elementor-widget-text-editor\" data-id=\"22b9e89\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>In the mid of December 2019, COMCO\u2019s secretariat has announced that the Swatch Group subsidiary ETA be banned from supplying mechanical watch movements in 2020. And the final decision is postponed until summer 2020.<\/p><p>The announcement quickly sent a ripple of tumult through the watch industry.\u00a0<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-6e7bbbc elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"6e7bbbc\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-8f5a0fd\" data-id=\"8f5a0fd\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-777b48d elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"777b48d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f8e82fd elementor-widget elementor-widget-heading\" data-id=\"f8e82fd\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">What is ETA doing? And why are they so important to watch brands?<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-460a69a elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"460a69a\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-454a4bc elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"454a4bc\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-caaf918\" data-id=\"caaf918\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-fbfe0ba elementor-widget elementor-widget-image\" data-id=\"fbfe0ba\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t<figure class=\"wp-caption\">\n\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"800\" height=\"390\" src=\"https:\/\/www.agneselect.com\/wp-content\/uploads\/2020\/02\/Screenshot-2020-02-06-at-7.43.52-PM-e1581182028491.webp\" class=\"attachment-large size-large wp-image-4983\" alt=\"ETA SA MOVEMENT FACTORY\" srcset=\"https:\/\/www.agneselect.com\/wp-content\/uploads\/2020\/02\/Screenshot-2020-02-06-at-7.43.52-PM-e1581182028491.webp 1024w, https:\/\/www.agneselect.com\/wp-content\/uploads\/2020\/02\/Screenshot-2020-02-06-at-7.43.52-PM-e1581182028491-600x292.webp 600w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/>\t\t\t\t\t\t\t\t\t\t\t<figcaption class=\"widget-image-caption wp-caption-text\"><\/figcaption>\n\t\t\t\t\t\t\t\t\t\t<\/figure>\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-a04b6b6 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"a04b6b6\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-585ba76\" data-id=\"585ba76\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-2e2fd2c elementor-widget elementor-widget-spacer\" data-id=\"2e2fd2c\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-2889dbd elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"2889dbd\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-c5a9d5f\" data-id=\"c5a9d5f\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-6bbaf62 elementor-widget elementor-widget-text-editor\" data-id=\"6bbaf62\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>ETA (full name: ETA SA Manufacture Horlog\u00e8re Suisse)\u00a0is specialised in designing and manufacturing \u00e9bauche movement for both Swatch Group\u2019s own watch brands, but also many outside brands like Tudor, IWC and Breitling.\u00a0<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-9e586c5 elementor-widget elementor-widget-text-editor\" data-id=\"9e586c5\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><strong>What is the \u00e9bauche movement? Referencing to Hodinkee\u2019s explanation:\u00a0<\/strong><\/p><p>In modern watchmaking, \u00e9bauche is a complete movement kit, minus the escapement components (which may also be supplied to the final assembler). For much of the history of watchmaking in Switzerland, a watchmaker would obtain an\u00a0<em>\u00e9bauche\u00a0<\/em>as well as other components, including the escapement, balance and balance spring, etc., from suppliers before finishing, assembling, and regulating the completed watch.<\/p><p>Today an\u00a0<em>\u00e9bauche\u00a0<\/em>is often contrasted with a so-called \u201cin-house\u201d movement although this distinction is in reality not so cut-and-dried \u2013 an\u00a0<em>\u00e9bauche,\u00a0<\/em>if of high quality and if finished well, can be more horologically interesting than an in-house movement, if the latter is poorly designed or finished. The word\u00a0<em>\u00e9bauche\u00a0<\/em>is borrowed from fine art, where it refers to the preliminary underpainting over which a finished painting is done.<\/p><p>As Nick explained:\u00a0<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-69dc16c elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"69dc16c\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-a4e91dd\" data-id=\"a4e91dd\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-db21bf1 elementor-blockquote--skin-quotation elementor-widget elementor-widget-blockquote\" data-id=\"db21bf1\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"blockquote.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<blockquote class=\"elementor-blockquote\">\n\t\t\t<p class=\"elementor-blockquote__content\">\n\t\t\t\tWatch companies can either choose to build an in-house movement themselves, define how exactly you would do it. But that\u2019s very expensive. Alternatively, you can also turn to specialised companies who are not a watch brand itself but are specialised in creating only the movements, like ETA. \t\t\t<\/p>\n\t\t\t\t\t\t\t<div class=\"e-q-footer\">\n\t\t\t\t\t\t\t\t\t\t\t<cite class=\"elementor-blockquote__author\">Nick Meijer<\/cite>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/blockquote>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-4b3f2e4 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"4b3f2e4\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-66bcbe4\" data-id=\"66bcbe4\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-27be674 elementor-widget elementor-widget-text-editor\" data-id=\"27be674\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>There\u2019s a consensus that ETA\u2019s time-tested \u00e9bauche movements outperform many mediocre in-house movements, in terms of costs of making and restoration, durability and stability.\u00a0<\/p><p>Like mentioned the is beginning of the article, ETA, as a subsidiary of Swatch Group, not only supplies to the rising number of Swatch Group watch brands with various movements, they also supply to external brands outside the Swatch Group. From leading watch brands to independent watchmakers, the ETA movement is ubiquitous. Many watch brands \u201care heavily relying on ETA movements, and so they have to deal with Swatch Group\u201d, said Kristian.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-f979e69 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"f979e69\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-d34e32e\" data-id=\"d34e32e\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-a9ef61b elementor-widget elementor-widget-spacer\" data-id=\"a9ef61b\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-b8a4aa1 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"b8a4aa1\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-f500660\" data-id=\"f500660\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-e6e86df elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"e6e86df\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-a2974a3 elementor-widget elementor-widget-heading\" data-id=\"a2974a3\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Halted Supply of ETA\u2019s Movements<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-bfe8e95 elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"bfe8e95\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-2d4b4ab elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"2d4b4ab\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-a93b9f0\" data-id=\"a93b9f0\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-1d110f0 elementor-widget elementor-widget-image\" data-id=\"1d110f0\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t<figure class=\"wp-caption\">\n\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"800\" height=\"450\" src=\"https:\/\/www.agneselect.com\/wp-content\/uploads\/2020\/02\/teaser_wide_big-1024x576.jpg\" class=\"attachment-large size-large wp-image-4986\" alt=\"Nicholas G. Hayek\" srcset=\"https:\/\/www.agneselect.com\/wp-content\/uploads\/2020\/02\/teaser_wide_big.jpg 1024w, https:\/\/www.agneselect.com\/wp-content\/uploads\/2020\/02\/teaser_wide_big-600x338.jpg 600w, https:\/\/www.agneselect.com\/wp-content\/uploads\/2020\/02\/teaser_wide_big-300x169.jpg 300w, https:\/\/www.agneselect.com\/wp-content\/uploads\/2020\/02\/teaser_wide_big-768x432.jpg 768w, https:\/\/www.agneselect.com\/wp-content\/uploads\/2020\/02\/teaser_wide_big-1536x864.jpg 1536w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/>\t\t\t\t\t\t\t\t\t\t\t<figcaption class=\"widget-image-caption wp-caption-text\">Nicholas G. Hayek  Photo: Reto H\u00fcgin (RDB)<\/figcaption>\n\t\t\t\t\t\t\t\t\t\t<\/figure>\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-b0bc5eb elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"b0bc5eb\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-1abad66\" data-id=\"1abad66\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-c29ad28 elementor-widget elementor-widget-spacer\" data-id=\"c29ad28\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-10f7dd5 elementor-widget elementor-widget-text-editor\" data-id=\"10f7dd5\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Then, all of a sudden, in 2002, Swatch Group\u2019s Nicholas G. Hayek expressed the wish to stop supplying movements and \u00e9bauches to companies outside the Swatch group. Noticing the repercussion this cold-turkey may entail (especially to smaller watch brands), COMCO\u00a0stepped in with a series of investigations. (You can find the highlighted timetable by the industry veteran Joe Thompson <a href=\"https:\/\/www.watchtime.com\/wristwatch-industry-news\/industry\/swatch-group-comco-10-key-moments\/\"><span style=\"text-decoration: underline;\"><em>over here<\/em><\/span><\/a>.)<\/p><p>After years of back and forth, in 2013, Swatch Group and COMCO had signed a settlement that ETA has a supply obligation towards third-party customers until the end of 2019.\u00a0<\/p><p>Presumably, the logic behind COMCO\u2019s decision was that they estimated other Swiss movement manufactures would catch up when ETA was gradually declining supply. Meanwhile, watch brands would have enough time to look for alternative movement suppliers other than ETA. As a result, a more equally-balanced competition market would be formed by 2020.\u00a0<\/p><p>Surprisingly, when Swatch Group\u2019s ETA was about to be liberated from the supply obligation restriction signed in 2013, COMCO stepped in again to prohibit ETA from supplying mechanical movements to third parties in 2020.\u00a0<\/p><p>As a Switzerland newspaper\u00a0<span style=\"text-decoration: underline;\"><a href=\"https:\/\/www.grenchnertagblatt.ch\/wirtschaft\/nick-hayek-ist-sauer-wettbewerbsbehoerde-legt-die-swatch-lahm-136106222\"><em>Grenchner Tagblatt<\/em><\/a><\/span>\u00a0addressed: \u201cIt\u2019s quite a blow to ETA\u2026 In 2019, it sold half a million mechanical movements to Swatch\u2019s competitors. In 2020 it wouldn\u2019t be a single clockwork. A private company would be removed from the free market by a government agency for one year. Watchmakers who had planned with the ETA factories got into trouble.\u201d<\/p><p>In the statement from Swatch Group, COMCO\u2019s decision was accused of being \u201cabsurd and unacceptable\u201d.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-dab949f elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"dab949f\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-4558df3\" data-id=\"4558df3\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-7e31acd elementor-blockquote--skin-quotation elementor-blockquote--align-left elementor-widget elementor-widget-blockquote\" data-id=\"7e31acd\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"blockquote.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<blockquote class=\"elementor-blockquote\">\n\t\t\t<p class=\"elementor-blockquote__content\">\n\t\t\t\tWith its decision prohibiting ETA completely from making deliveries to third parties in 2020, COMCO is effectively driving ETA out of the market (exceptions for SMEs are stipulated in theory, but de facto impossible). On the other hand, Sellita will become an even more dominant player due to its production volume. COMCO has thus reshuffled the cards for the industry and is, in effect, making economic policy by completely restructuring a strategic market area.\t\t\t<\/p>\n\t\t\t\t\t\t\t<div class=\"e-q-footer\">\n\t\t\t\t\t\t\t\t\t\t\t<cite class=\"elementor-blockquote__author\">Swatch Group<\/cite>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/blockquote>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-0bf3a56 elementor-widget elementor-widget-spacer\" data-id=\"0bf3a56\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-1969bc9 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"1969bc9\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-fcd3f2e\" data-id=\"fcd3f2e\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-329cbbf elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"329cbbf\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b6f0d92 elementor-widget elementor-widget-heading\" data-id=\"b6f0d92\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">ETA\u2019s 5 Million Movements a Year<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-84b30a8 elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"84b30a8\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-ec2a6ca elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"ec2a6ca\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-8cf4dc7\" data-id=\"8cf4dc7\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-d5d46be elementor-widget elementor-widget-image\" data-id=\"d5d46be\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t<figure class=\"wp-caption\">\n\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"800\" height=\"370\" src=\"https:\/\/www.agneselect.com\/wp-content\/uploads\/2020\/02\/01-Valjoux-ETA-7750-1024x474.jpg\" class=\"attachment-large size-large wp-image-4998\" alt=\"\" srcset=\"https:\/\/www.agneselect.com\/wp-content\/uploads\/2020\/02\/01-Valjoux-ETA-7750.jpg 1024w, https:\/\/www.agneselect.com\/wp-content\/uploads\/2020\/02\/01-Valjoux-ETA-7750-600x278.jpg 600w, https:\/\/www.agneselect.com\/wp-content\/uploads\/2020\/02\/01-Valjoux-ETA-7750-300x139.jpg 300w, https:\/\/www.agneselect.com\/wp-content\/uploads\/2020\/02\/01-Valjoux-ETA-7750-768x356.jpg 768w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/>\t\t\t\t\t\t\t\t\t\t\t<figcaption class=\"widget-image-caption wp-caption-text\">ETA Valjoux 7750 https:\/\/www.revolution.watch<\/figcaption>\n\t\t\t\t\t\t\t\t\t\t<\/figure>\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-02014f2 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"02014f2\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-5e92825\" data-id=\"5e92825\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-f78f5c2 elementor-widget elementor-widget-text-editor\" data-id=\"f78f5c2\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>ETA made roughly 5 million movements in 2019, and only 10% of them went to outside Swatch Group brands, that\u2019s about 500,000 movements.\u00a0<\/p><p>\u201cI think 10% is nice. Because it helps young watch brands establish themselves without a huge investment in producing in-house movement\u201d, Kristian commentated.<\/p><p>ETA produced some of the most ubiquitous and illustrious \u00e9bauche models like 7750 Valjoux, 2824, 2895, etc. Many watch brands\u2019 in-house movements are developed on the base of ETA\u2019s \u00e9bauches.<\/p><p>ETA\u2019s \u00e9bauche movement imparted the technical possibilities to watchmakers. It\u2019s not uncommon for watch brands to buy the \u00e9bauche from ETA, then build their own complications on top of that.<\/p><p>Kristian recalled<em>: \u201c<\/em><em>For instance, IWC did it extremely well during the 90s, they use a lot of ETA movement and build their own complications like Da Vinci Perpetual Calendar Chronograph in 1985<\/em>\u201d.<\/p><p>Debute in 1985 Basel World, The IWC Da Vinci Perpetual Calendar (Ref.3750) was\u00a0developed by Kurt Klauson based on ETA\u2019s Valjoux 7750 chronograph \u00e9bauche movement<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-ea78ad2 elementor-section-stretched elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"ea78ad2\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;stretch_section&quot;:&quot;section-stretched&quot;,&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-fb2a33f\" data-id=\"fb2a33f\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-531e081 elementor-widget elementor-widget-image\" data-id=\"531e081\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t<figure class=\"wp-caption\">\n\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"800\" height=\"800\" src=\"https:\/\/www.agneselect.com\/wp-content\/uploads\/2020\/02\/1541169731663-1024x1024.jpg\" class=\"attachment-large size-large wp-image-4992\" alt=\"Kurt Klaus\" srcset=\"https:\/\/www.agneselect.com\/wp-content\/uploads\/2020\/02\/1541169731663.jpg 1024w, https:\/\/www.agneselect.com\/wp-content\/uploads\/2020\/02\/1541169731663-300x300.jpg 300w, https:\/\/www.agneselect.com\/wp-content\/uploads\/2020\/02\/1541169731663-100x100.jpg 100w, https:\/\/www.agneselect.com\/wp-content\/uploads\/2020\/02\/1541169731663-600x600.jpg 600w, https:\/\/www.agneselect.com\/wp-content\/uploads\/2020\/02\/1541169731663-150x150.jpg 150w, https:\/\/www.agneselect.com\/wp-content\/uploads\/2020\/02\/1541169731663-768x768.jpg 768w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/>\t\t\t\t\t\t\t\t\t\t\t<figcaption class=\"widget-image-caption wp-caption-text\">Master watchmaker Kurt Klaus<\/figcaption>\n\t\t\t\t\t\t\t\t\t\t<\/figure>\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-6cdcc38\" data-id=\"6cdcc38\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-ee9e782 elementor-widget elementor-widget-image\" data-id=\"ee9e782\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t<figure class=\"wp-caption\">\n\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"800\" height=\"800\" src=\"https:\/\/www.agneselect.com\/wp-content\/uploads\/2020\/02\/1541169726232-1024x1024.png\" class=\"attachment-large size-large wp-image-4989\" alt=\"REF 3750 IWC Da Vinci Perpetual Calendar (1985)\" srcset=\"https:\/\/www.agneselect.com\/wp-content\/uploads\/2020\/02\/1541169726232.png 1024w, https:\/\/www.agneselect.com\/wp-content\/uploads\/2020\/02\/1541169726232-300x300.png 300w, https:\/\/www.agneselect.com\/wp-content\/uploads\/2020\/02\/1541169726232-100x100.png 100w, https:\/\/www.agneselect.com\/wp-content\/uploads\/2020\/02\/1541169726232-600x600.png 600w, https:\/\/www.agneselect.com\/wp-content\/uploads\/2020\/02\/1541169726232-150x150.png 150w, https:\/\/www.agneselect.com\/wp-content\/uploads\/2020\/02\/1541169726232-768x768.png 768w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/>\t\t\t\t\t\t\t\t\t\t\t<figcaption class=\"widget-image-caption wp-caption-text\">REF 3750 IWC Da Vinci Perpetual Calendar (1985)<\/figcaption>\n\t\t\t\t\t\t\t\t\t\t<\/figure>\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-866776d elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"866776d\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-cac87d9\" data-id=\"cac87d9\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-6bef9b2 elementor-widget elementor-widget-spacer\" data-id=\"6bef9b2\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-a8d7b62 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"a8d7b62\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-579d41a\" data-id=\"579d41a\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-767883c elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"767883c\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-12df3db elementor-widget elementor-widget-heading\" data-id=\"12df3db\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Without ETA\u2019s Movement in 2020 <\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7e60f68 elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"7e60f68\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-98cb7da elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"98cb7da\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-1475a82\" data-id=\"1475a82\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-6f676e0 elementor-widget elementor-widget-text-editor\" data-id=\"6f676e0\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Kristian: Well, you won\u2019t see any Tudor with ETA movement from now on. Look at Chanel, they own 20% of Tudor movement manufacture, so I think the Chanel watches would not be with any ETA movement either. And Bell &amp; Ross, which is owned by Chanel, would not use ETA either.\u00a0<\/p><p>Nick: of course, when there is a threat that you don\u2019t get any movement from ETA anymore, you start looking into alternatives\u2026 In the past 10 to 15 years, a lot of alternatives has come to the market.<\/p><p>There are watch movement manufacturers like Sellita, Soprod, STP (Swiss Technology Production), Miyota, Citizen, and Seiko, etc. that produce movements for watch brands. Also, a number of watch brands have been developing their in-house calibers like Tudor, Breitling and Frederique Constant.\u00a0<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-ae3fb66 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"ae3fb66\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-156dcb9\" data-id=\"156dcb9\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-4bcd9d9 elementor-widget elementor-widget-spacer\" data-id=\"4bcd9d9\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-a1a7a60 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"a1a7a60\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-eec19f6\" data-id=\"eec19f6\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-e9f2747 elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"e9f2747\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6c60e27 elementor-widget elementor-widget-heading\" data-id=\"6c60e27\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Would Sellita be the next ETA?<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-79b2ee1 elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"79b2ee1\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-809f859 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"809f859\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-c9f90f9\" data-id=\"c9f90f9\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-d1cbec2 elementor-widget elementor-widget-text-editor\" data-id=\"d1cbec2\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>In the Statement released in December 2019, Swatch Group argues that ETA was no longer in the dominating position. They pointed out that Sellita has supplied one million mechanical movements in 2019, while ETA only sold half as much to outside watch companies.<\/p><p>Kristian: If Sellita can provide, then they will be probably one of the strongest movement makers in the whole Switzerland and take a powerful position in the worldwide spectrum.\u00a0<\/p><p>According to<em>\u00a0<a href=\"https:\/\/www.qpmagazine.com\/long-reads\/a27341219\/exclusive-visit-sellita-headquarters\/\"><span style=\"text-decoration: underline;\">James Buttery\u2019s\u00a0<\/span><\/a><\/em><span style=\"text-decoration: underline;\">article<\/span>, Sellita has been supplying 1.2 million mechanical movements annually in recent years, although their movements are mainly modified from ETA\u2019s movement that has been out of patent.\u00a0<\/p><p>Sellita was considered the \u201conly one alternative\u201d for ETA\u2019s movements in <a href=\"https:\/\/www.hodinkee.com\/articles\/swatch-group-comco-analysis\"><span style=\"text-decoration: underline;\"><em>Joe Tompson\u2019s article for Hodinkee<\/em><\/span><\/a>, Kristian questioned whether Sellita can quickly adapt to the instantly increased demand. \u201cThere is something wired about how they deal with the movement. Because they do it through the agents\u201d. With the movement agents, watch companies would need to pay a marked-up price in order to acquire the movement they need. \u201cIt\u2019s such a conservative way of thinking sells\u201d, said Kristian.<\/p><p>Anyhow, It was believed that with the combination of the above-mentioned movement purveyors, the shortage of the 500,000 ETA movements would be fulfilled.\u00a0<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-8b7723a elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"8b7723a\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-13f70fc\" data-id=\"13f70fc\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-40c612d elementor-widget elementor-widget-spacer\" data-id=\"40c612d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-94cc5e6 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"94cc5e6\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-1f9f8b8\" data-id=\"1f9f8b8\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-3b6c9a4 elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"3b6c9a4\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6c51e74 elementor-widget elementor-widget-heading\" data-id=\"6c51e74\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">A Quality Problem <\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f6e9784 elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"f6e9784\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-6f03b87 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"6f03b87\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-a9405e5\" data-id=\"a9405e5\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-90d9652 elementor-widget elementor-widget-image\" data-id=\"90d9652\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t<figure class=\"wp-caption\">\n\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"730\" height=\"704\" src=\"https:\/\/www.agneselect.com\/wp-content\/uploads\/2020\/02\/sa_front_1.jpg\" class=\"attachment-large size-large wp-image-5004\" alt=\"\" srcset=\"https:\/\/www.agneselect.com\/wp-content\/uploads\/2020\/02\/sa_front_1.jpg 730w, https:\/\/www.agneselect.com\/wp-content\/uploads\/2020\/02\/sa_front_1-600x579.jpg 600w, https:\/\/www.agneselect.com\/wp-content\/uploads\/2020\/02\/sa_front_1-300x289.jpg 300w\" sizes=\"(max-width: 730px) 100vw, 730px\" \/>\t\t\t\t\t\t\t\t\t\t\t<figcaption class=\"widget-image-caption wp-caption-text\">Soyuz Reentry Capsule<\/figcaption>\n\t\t\t\t\t\t\t\t\t\t<\/figure>\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-60d39ca elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"60d39ca\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-30bed7f\" data-id=\"30bed7f\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-2015979 elementor-widget elementor-widget-text-editor\" data-id=\"2015979\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Even though the industry can easily come up with 500,000 movements elsewhere, the real condition is more complicated than that. For many watch brands that have been using ETA\u2019s movements for years, it was not merely a matter of the quantity substitution. Moreover, it involves subjects including lead time management, the time and efforts required to build up a new relationship with new suppliers, and most importantly, quality control.\u00a0<\/p><p>In terms of movement quality, as Nick noted: \u201cETA is often referred to as a \u2018workhorse\u2019, it is something that is going on and on, so the quality is beyond question.\u201d<\/p><p>Kristian: \u201cI don\u2019t know how much research and development has gone through ETA. Take the 7750, which is one of the most trusted chronograph movement. It\u2019s quite an old movement! Nothing really new in there, I don\u2019t think there is a 7750 that\u2019s actually anti-magnetic yet.\u201d<\/p><p>Nick: \u201cIt reminds me of the Russian space program; they still use the capsule that produced in the 50s.\u201d<\/p><p>Kristian: \u201cHey, can\u2019t complain about good quality.\u201d<\/p><p>Nick:\u201d It\u2019s not your fashionable fancy product, but it is something that works.\u201d<\/p><p>K: \u201cOf course, it\u2019s a competition problem, but I think it\u2019s also an a-matter-of-quality problem. I don\u2019t know how many years that Tudor has worked on the in-house movement; I know they had some issues with GMT (the date wheel issue). That\u2019s the good thing about ETA: you know they work, and you know that they can be repaired by any, even an amateur, watchmaker.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-95ae622 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"95ae622\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-ab105fc\" data-id=\"ab105fc\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-64de9da elementor-widget elementor-widget-spacer\" data-id=\"64de9da\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-7fb2e1f elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"7fb2e1f\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-2348ecc\" data-id=\"2348ecc\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-a3216ec elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"a3216ec\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f85007d elementor-widget elementor-widget-heading\" data-id=\"f85007d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Who Would Benefit from the Halted ETA Supply?<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b0bf2ec elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"b0bf2ec\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-1475d7c elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"1475d7c\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-d03887d\" data-id=\"d03887d\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-a2833f2 elementor-blockquote--skin-quotation elementor-blockquote--align-left elementor-widget elementor-widget-blockquote\" data-id=\"a2833f2\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"blockquote.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<blockquote class=\"elementor-blockquote\">\n\t\t\t<p class=\"elementor-blockquote__content\">\n\t\t\t\tThe in-house movement does not mean great quality. It takes at least a decade to prove a movement was as good as ETA.\t\t\t<\/p>\n\t\t\t\t\t\t\t<div class=\"e-q-footer\">\n\t\t\t\t\t\t\t\t\t\t\t<cite class=\"elementor-blockquote__author\">Kristian Haagen<\/cite>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/blockquote>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-7e841a4 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"7e841a4\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-c1c86ac\" data-id=\"c1c86ac\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-a5823d1 elementor-widget elementor-widget-text-editor\" data-id=\"a5823d1\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Kristian:\u00a0<\/p><p>It takes time to build a trusted product, and keep the quality like ETA. For instance, I love the story what Carlos Dias did with Roger Dubius in the early 90s (Carolos Dias is the founder and previous CEO of Swiss luxury watch brand Roger Dubius), and he came out with this plethora, this whole plenty of in-house movement where like 80% didn\u2019t work. He was so desperately wanted to do the in-house movement, and when Richemont took over, I think they kept 2 out of 19 or something.<\/p><p>And also look at Panerai, aggressively wanted to produce in-house movements, many of which, in the early stage, had problems.\u00a0<\/p><p>The in-house movement does not mean great quality. It takes at least a decade to prove a movement was as good as ETA.<\/p><p>Meanwhile, from the information of an industry insider, the price of ETA\u2019s movement has been increased. In that case, for watch brands inside Swatch Group like Hamilton or Tissot, they gained a competitive advantage by carrying the same movement but offers a way lower retail price compare with some external watch brands.\u00a0<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-49c19f7 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"49c19f7\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-64df009\" data-id=\"64df009\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-65090f0 elementor-widget elementor-widget-spacer\" data-id=\"65090f0\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>The in-house movement does not mean great quality. It takes at least a decade to prove a movement was as good as ETA. &#8212; Kristian Haagen<\/p>\n","protected":false},"author":1,"featured_media":4977,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"pmpro_default_level":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_post_was_ever_published":false},"categories":[83],"tags":[409,405,407,384,404,408,406,382,379],"issue":[868],"ag_free":[],"class_list":["post-5042","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-arts-culture","tag-8past10-en","tag-ebauche","tag-eta-en","tag-horology-en","tag-movement","tag-swatch-group-en","tag-time-piece","tag-watch-en","tag-379","issue-archive","pmpro-has-access"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.1 (Yoast SEO v28.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>ETA and Their 5 Million Movements a Year | AGNES SELECT | \u7dda\u4e0a\u98a8\u683c\u8a8c<\/title>\n<meta name=\"description\" content=\"The in-house movement does not mean great quality. 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