Seiko took first place in a Geneva Observatory competition with a score of 58.19, surpassing all previous records. Swiss companies ranked first to third for their quartz movements and Seiko ranked fourth to tenth for its mechanical movements. In the competition, there were special movements for the competition. In 1969, Seiko launched the Astron, the world's first production quartz watch; when it was introduced, it cost the same as a medium-sized car. Seiko later went on to introduce the first quartz chronograph. The year 1969 marked the launch of the Astron, as well as several other wristwatches that Seiko positioned as its own historical models. In the same year, Seiko introduced the Five Sport Speed Timer, the world's first Magic Lever watch with a vertical clutch and column wheel. It was a resounding success for its compactness and practicality, and had a major influence on subsequent chronographs around the world. The company also launched the Grand Seiko V.F.A., a mechanical wristwatch with ultra-high accuracy of plus or minus two seconds per day, and the U.T.D., a mechanical wristwatch with a thickness of 1.98 mm. Since the 1970s, Seiko has introduced a variety of wristwatches with various world firsts: in 1973, Seiko introduced the world's first wristwatch with a LCD display capable of displaying six digits for hours, minutes and seconds; in 1975, Seiko introduced the world's first digital watch with a stopwatch function and a diver's watch with a titanium case. In 1978, Seiko introduced the world's first quartz diver's watch with a water resistance of 600 meters; in 1982, the world's first wristwatch with a television; in 1983, the world's first wristwatch with a record-and-play function and an analog quartz chronograph; in 1984, the world's first wristwatch computer; and in 1986, the world's first diver's watch with a ceramic case water-resistant to 1000 meters. In 1974, Seiko launched Credor, a luxury brand using precious metals and jewelry, and in 1979, Alba, a low-priced brand for young people. In 1985, Orient and Seiko established a joint factory. In 1986, Baselworld allowed non-European manufacturers to participate, and Seiko began exhibiting that year. In 1988, Seiko invented the world's first wristwatch with an innovative mechanism called "Auto Quartz", in which a rotating oscillating weight rotates in response to the wearer's arm movements, generating electricity to power the quartz. This mechanism was developed with the aim of creating a quartz watch that does