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Seiko Watch delegates the manufacture of some of its high-end quartz and spring drive watches (Seiko Astron, Grand Seiko, Credor, etc) to the Wearable Products Operations Division of Epson. Time Module (TMI), a member of the Seiko Group, was established in 1987 with funding from Seiko Watch Company, Seiko Instruments Inc., and Seiko Epson Corp ...
The watch business is the root of the company's ultra-precision machining and micromechatronics technologies and still a major business for Seiko Epson, although it accounts for a low percentage of total revenues. [6] [7] Watches made by the company
The Astron was unveiled in Tokyo on December 25, 1969, after ten years of research and development at Suwa Seikosha (currently named Seiko Epson), a manufacturing company of Seiko Group. Within one week 100 gold watches had been sold, at a retail price of 450,000 yen ( US$1,250 (equivalent to $10,386 in 2023)) each (at the time, equivalent to ...
In 2001 Seiko Epson (one of three core companies of the Seiko Group) became the majority shareholder (52%) of the company. Orient Watch became a wholly owned subsidiary of Epson in 2009. [14] After transferring its business to Epson, the company now exists as a dormant company. Epson Sales Japan Corporation markets the Orient watches, while ...
In 2006, Seiko launched the world's first wristwatch based on microcapsule E-ink technology. This watch was the first Seiko watch to win an award at the Grand Prix de Genève for its innovative ability to bend the display part, in addition to providing more contrast and a wider viewing angle than conventional LCD displays. [5] [23]
The Spring Drive uses a conventional mainspring [3] and barrel [4] along with automatic and/or stem winding to store energy, just as in a mechanical watch. [3] However, the escapement and balance wheel in mechanical watches is replaced by Seiko's Tri-synchro Regulator system, a phase-locked loop wherein a rotor, which Seiko refers to as a "glide wheel", is powered by the mainspring barrel via ...