Timex Group B.V.'s products are manufactured in China, France, Hong Kong, India, Philippines and Switzerland, often based on technology that continues to be developed in Germany and the United States.[citation needed] The group has operations in a number of countries in Europe, the Americas, Asia and Oceania.
^Shawn Tully (March 7, 2015). "The crazy, true-life adventures of Norway's most radical billionaire". Fortune magazine. A few years later Thomas Olsen would rechristen the company Timex. He hatched the iconic name from an unusual confluence of sources. Recalls Fred: "My father always loved to noodle with words. He liked to read Time magazine, and he used a lot of Kleenex, so he put the two names together and got Timex.