The name Rolex is a very popular name in the wristwatch scene. Rolex is known pretty well for its good quality. Rolex became popular during wartimes, and continues to be to this day. The company was not always known as The Rolex Watch Company, Ltd., but was named this later.
Hans Wilsdorf, the founder of the company, made much advancement in the wristwatch scene. Even others still did not believe in their accuracy, he continued to try and make them more accurate and durable. He is also credited with sending the first wristwatch to Switzerland for accuracy testing. 
With the success of his watches passing the tests overseas, Wilsdorf decided to keep going on his quest for a better watch.
When the soldiers came home from battle the wristwatch gained even more popularity. The watch was no longer seen as feminine since all these brave men were wearing them. With its popularity came more improvements. Some of the first improvements were to make the watches more water and dust resistant. Although Rolex did not begin this trend they did improve the design and make the first truly waterproof watch.
Other advancements were also being made to improve the durability of the wristwatch. The faces were replace with ones made of synthetic plastic. This made them much more durable and resistant to breaking and cracking. Another advancement was in the dials. The dials were now being made out of metal.
Another advancement in the wristwatch was the self winding watch. Rolex introduced their self winding wrist watch in 1931. The design must have been good, because it is still being used in wristwatches today.
The wristwatch continued to see more and more improvements over the years. Watchmakers began making more and more models over the years for people to choose from. The wristwatch was made out of necessity, but has come a long way since then.
The Rolex Company received their first award for their watches in 1910, this was a great accomplishment. They continue to receive rewards to this day. In fact, they receive more rewards for their watches than any other companies combined.
The Rolex Company has definitely done a lot for the wristwatch industry. They made much advancement in the design of the wristwatch that helped us get to what we have today. If you are looking for a great watch, look into a Rolex. They are definitely known for their great wristwatches, and they have been around for quite some time and know what they are doing.