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- While quartz watches are preparing to take the place of mechanical watches, the "Chrono Split" by TAG Heuer appears as the world's first quartz wrist chronograph.
- The original Blancpain brand gradually ends sales.
- Michel Parmigiani starts his own business with the founding of the Parmigiani Mesure et Art du Temps SA in Fleurier.
- The first watch model of the Desco von Schulthess AG under the name Maurice Lacroix arrives on the market in Austria.