The Federation of the Swiss Watch Industry was established on 19 November 1982 as the result of the merger of the Swiss Federation of Watch Manufacturers’ Associations (founded in 1876) and the Swiss Chamber of Watchmaking (founded in 1924).[1][2] It currently gathers more than 500 members representing more than 90% of all Swiss watch manufacturers (watches, clocks, movements, components, etc.).[1][2]