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Swiss watch company Audemars Piguet recently revealed to about 100 journalists and VIP clients a game-changing and ground-breaking timepiece at its sleek new high complications facility in Le Locle, Switzerland.

The Code 11.59 by Audemars Piguet Universelle took an army of designers, constructors, watchmakers and artisans seven years to develop. It has more than 1,100 components and 40 functions, including 23 complications and 17 special technical devices.

Despite its bounty of features, it is – unlike most grand complication watches – remarkably easy to read and handle.

The timepiece is just one of more than 20 new models and references that the luxury Swiss watchmaker rolled out at two locations – the Manufacture des Saignoles, its futuristic new manufacturing facility in the Swiss watchmaking cradle of Le Locle; and its headquarters in the picturesque village of Le Brassus in the Vallee de Joux.

The new releases – which include a sleek Royal Oak Offshore Chronograph made entirely from black ceramic and a white gold Royal Oak Jumbo Extra-Thin with a Tuscan dial – look set to further boost business for the brand, which reportedly earned more than two billion Swiss francs (S$2.9 billion) in revenue in 2022, up from about 1.6 billion Swiss francs in 2021.

Here are some of the red-hot pieces.

Related: 5 things to look forward to in the luxury watch industry in 2023