Richard: Created page with "==SSIH== SSIH (Société Suisse pour l'Industrie Horlogère), originated in 1930 with the merger of the Omega and Tissot companies. Swiss watch quality was high, but..."

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==SSIH==

SSIH (Société Suisse pour l'Industrie Horlogère), originated in 1930 with the merger of the [[Omega]] and [[Tissot]] companies. Swiss watch quality was high, but new technology, such as the [[Hamilton]] Electric watch introduced in 1957 and the [[Bulova]] [[Accutron]] tuning fork watch in 1961, presaged increasing technological competition.

In the late 1970s, SSIH became insolvent due in part to a recession and in part to heavy competition from inexpensive Asian-made quartz crystal watches. These difficulties occurred even though it had become Switzerland's largest, and the world's third largest, producer of watches. Its creditor banks assumed control in 1981.

See [[Swatch Group]] for more information

==Links==

*[[Switzerland]]
*[[Main Page]]
*[[History of Watches]]

SSIH - Revision history

Richard: Created page with "==SSIH== SSIH (Société Suisse pour l'Industrie Horlogère), originated in 1930 with the merger of the Omega and Tissot companies. Swiss watch quality was high, but..."