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Stock impact report

What to Do if Your Watch Is Magnetized [The New York Times]

SWATCH GROUP AG UNSP/ADR (SWGAY) 
Style|What to Do if Your Watch Is Magnetizedhttps://nyti.ms/3aNUvNiCredit...Klas FahlenSkip to contentSkip to site indexUnfortunately, even just proximity to your phone might be enough to do it. And then?ByRachel FelderSuddenly your wristwatch is running 10 minutes fast. Or 10 minutes slow. Or, inexplicably, it stops entirely.What happened? It could be your smartphone’s fault.At the risk of pitting your personal gadgets against one another, in a kind of crazy electronic “Toy Story” scenario, the high tech tools we have come to rely on aren’t entirely compatible with traditional timepieces. In close contact, their internal magnets can dramatically affect a watch’s accuracy.And while magnetization isn’t a new problem for watches, the things that can cause it are proliferating.“Today we have the highest level of magnetic fields around us,” said Stefan Ihnen, associate director of technics, research and development at IWC Schaffhausen. His list of culprits includes not only smartphones an Show less Read more
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