CSEM Receives EARTO Innovation Prize 2013

CSEM, the Swiss research and technology organization, is one of three winners of the EARTO Innovation Prize 2013. The prize honors research and technology transfer with high potential for future applications in the economy and society. This year, CSEM’s contribution to the Swiss watch industry’s global competitiveness, by the development of silicon micro-components, was recognized.

“We are honored by the award given to CSEM,” said Georges Kotrotsios, member of the CSEM Executive Board, who accepted the prize during the ceremony in Brussels. “Just as quartz crystal resonators revolutionized timepiece design 40 years ago, silicon micro-components produced through wafer-level fabrication are distinguishing a new generation of high-performance watches and rejuvenating the watch industry.”

Watchmaking is one of the rare industrial sectors to show continuous growth today. This growth is propelled by the image of innovation: introducing silicon, a material usually dedicated to microelectronics and micro devices, makes possible improved performance and new architectures, and contributes decisively to the image of an innovative industry.

Groundbreaking methods of working with silicon have led to the Holy Grail of watchmaking: unprecedented accuracy and reliability with less maintenance, meaning that watches no longer lose precision through exposure to magnetic fields, temperature extremes, shocks or lubricant deterioration.

In recent years, CSEM has worked closely with several world-famous watch brands such as Patek Philippe, Girard-Perregaux, or Swatch Group to help establish new, groundbreaking methods of working with silicon in the field of mechanical watch making: watchmakers have been able to come up with a completely new generation of micro components and to bring to time-keeping mechanisms qualities that had previously been virtually impossible to realize.

Switzerland’s watch industry is the world’s largest, making more than 30 million timepieces a year, producing 95% of watches in the €800+ market, and exporting €17 billion worth of watches annually.

“This innovation is an excellent illustration of how RTOs can have an economic impact, on a national scale, and a proven practical application. CSEM has indeed contributed to the Swiss watch industry’s global competitiveness by supporting its development of new, innovative products” said Jan Mengelers, president of EARTO.