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ETA SA
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==Description== ETA designs and manufactures [[mechanical watch|mechanical]] and automatic watches, watch [[movement (clockwork)|movements]] and watch {{lang|fr|ébauches}}. Although the company produces finished watches and movements, ETA specializes in the production of {{lang|fr|ébauche}} movements used both in watches of sister Swatch Group subsidiary brands and in the watches of competitors, including brands owned by [[Richemont|Compagnie Financière Richemont S.A.]] and others. With the exception of hairsprings manufactured by sister company [[Nivarox]], ETA maintains [[Vertical integration|vertical]] control over the manufacturing of all of the components required to create a watch movement and therefore is considered a true manufacture d'horlogerie.
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