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Why Haven’t More Homes Switched Over to Combination and Digital Locks?

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Why Haven’t More Homes Switched Over to Combination and Digital Locks?  Before the 1970s, the Swiss completely dominated the world in wristwatch sales. In the early sixties, fearful of losing any market shares to new and cheaper battery-powered watches, a group of Swiss engineers banded together and developed the first quartz wristwatch in 1967—the Beta 1. A conglomerate of Swiss watchmakers, however, decided not to pursue the new technology. By 1968, Seiko introduced the world to the first production quartz watch. It was an instant success. By the time the Swiss saw the error of their ways, it was too late: the Japanese companies would forever take larger and larger shares in a market that had once been literally synonymous with Switzerland. locksmith combination door lock There is a simple explanation for why this happened. It wasn’t for lack of technology or ingenuity. It wasn’t because of economic factors or a shortage of financial resources. It was entirely due to ...