HP partners with established watchmakers Titan, Movado for wearable iOS …

24 Nov 2015 | Author: | No comments yet »

HP Inc. Adds Titan to Engineered by HP Program.

India’s largest watchmaker, Titan, will launch a ‘smartwatch’ — which it has jointly designed and built with global computing major HP Inc — in India and select international markets by December.Titan Company, a maker of watches, jewellery and accessories, has chosen information technology giant HP Inc to make its foray into smart watch category.HP Inc. (NYSE: HPQ) announced today the expansion of its Engineered by HP program, collaborating with the world’s fifth largest watchmaker — Titan — to infuse technology seamlessly into the way consumers live, providing them with smart accessories that are productive and responsive, but not intrusive. “Engineered by HP is reinventing the experience consumers have with everyday accessories by making existing objects smarter through innovative materials, design and technology, to keep people connected to the way they live today,” said Sridhar Solur, General Manager, Wearables and Smart Platforms at HP Inc. “As a brand we are known for our design, manufacturing capabilities, innovation and quality. With this, Titan joins a handful of traditional watch makers such as Tag Heuer, that are venturing into smartwatches, a field dominated by computer and mobile device firms like Apple, Motorola, Sony and Samsung.

With the introduction of smart watches, the company excepts to revive its flagship watch business. “This category of smart watches is going to change the way people view the art of timekeeping and beyond. The company promises responsive and non-intrusive range of smartwatch. “It is indeed a milestone for two of the world’s leading companies to come together and create a unique lifestyle offering for people not only in India, but across the world. He further added, “It was but natural for an innovative company like Titan to partner with HP Inc. for the next step in our journey as a lifestyle company. Tatas’ focus was to improve worker safety, while also getting insights to build a product that is more tuned to market requirements. “It goes with the Tata philosophy for safety on our shop floor and interest in our workers safety. Compatible with both Android (4.4+) and iOS (8+) devices, HP smart accessories will complement the styling of the world’s top brands and offer a versatile range of design and functionality.

Because the need in the factory floor is much more than any need anybody has,” Tata Group chief technology officer Gopichand Katragadda had told Business Standard in an interview in July. If such risks or uncertainties materialize or such assumptions prove incorrect, the results of HP Inc. (“HP”) and its consolidated subsidiaries could differ materially from those expressed or implied by such forward-looking statements and assumptions.

All statements other than statements of historical fact are statements that could be deemed forward-looking statements, including but not limited to statements of the plans, strategies and objectives of HP for future operations; any statements concerning expected development, performance, market share or competitive performance relating to products and services; any statements regarding anticipated operational and financial results; any statements of expectation or belief; and any statements of assumptions underlying any of the foregoing. Risks, uncertainties and assumptions include the need to address the many challenges facing HP’s businesses; the competitive pressures faced by HP’s businesses; risks associated with executing HP’s strategy and plans for future operations and investments; the impact of macroeconomic and geopolitical trends and events; the need to manage third-party suppliers and the distribution of HP’s products and services effectively; the protection of HP’s intellectual property assets, including intellectual property licensed from third parties; risks associated with HP’s international operations; the development and transition of new products and services and the enhancement of existing products and services to meet customer needs and respond to emerging technological trends; the execution and performance of contracts by HP and its suppliers, customers, clients and partners; the hiring and retention of key employees; integration and other risks associated with business combination and investment transactions; the execution, timing and results of restructuring plans, including estimates and assumptions related to the cost and the anticipated benefits of implementing those plans; the execution, timing and results of the restructuring plans, including estimates and assumptions related to the cost (including any possible disruption of HP’s business) and the anticipated benefits of implementing the separation transaction and restructuring plans; the resolution of pending investigations, claims and disputes; and other risks that are described in HP’s Annual Report on Form 10-K for the fiscal year ended October 31, 2015, and HP’s other filings with the Securities and Exchange Commission, including HP’s Quarterly Report on Form 10-Q for the fiscal quarter ended July 31, 2015.

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