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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
Seiko watches were originally produced by two different Hattori family ... (now known as Seiko Epson Corporation, ... The retail price at the time was 13,500 yen ...
It is sold in limited volume at a price range of about US$3000 which makes it one of the most expensive automatic quartz watches. Kinetic technology has also been used in some of Seiko's Pulsar and Lorus watches. As of 2007, Seiko has sold more than eight million automatic quartz watches. [2]
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 ...
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 ...
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 ...