The Swatch Group Ltd(UHR.SW)
Swiss watch conglomerate; owns ETA (movements) and Nivarox (hairsprings) — the dominant Swiss movement/component supplier.
manufactured · input
The balance spring (hairspring) — the regulating heart of a mechanical watch. >95% of the Swiss watch industry depends on Swatch Group's Nivarox FAR; viable alternatives cost ~10x and lack the alloy expertise.
8
Source countries
4
Companies
1
Goods affected
0
Claims on record
What depends on it
1 essential American goods rely on watch hairspring (balance spring) somewhere upstream in their supply chain.
Where it comes from
Share of global supply, by country.
| Country | Share of supply |
|---|---|
| CHSwitzerland | 78% |
| CNChina | 10% |
| GBUnited Kingdom | 3% |
| VNVietnam | 2% |
| CACanada | 2% |
| DEGermany (Federal Republic of Germany) | 1% |
| FRFrance | 1% |
| JPJapan | 1% |
Who makes it
4 companies produce watch hairspring (balance spring).
Swiss watch conglomerate; owns ETA (movements) and Nivarox (hairsprings) — the dominant Swiss movement/component supplier.
Largest independent Swiss movement maker; grew rapidly after ETA restricted third-party ébauche supply, but still relies on Nivarox-class hairsprings.
100% vertically integrated Swiss watchmaker; casts its own 904L Oystersteel and grade-5 RLX titanium cases; owns former suppliers Genex (cases), Gay Frères (bracelets), Beyeler (dials).
Joint venture (Ulysse Nardin / Mimotec) producing SILICON micro-components incl. hairsprings via deep-reactive-ion etching.