As interest in wearable computing increases, HTC is said to be working on a smartwatch that will snap photos.
The struggling handset maker is expected to release an Android-based smartwatch with a camera by the end of next year, Bloomberg reported Monday, citing an unidentified person described as familiar with the matter. The report emerges a day after HTC CEO Peter Chou was quoted by the Financial Times as saying that the wearable technology market is " " but that wasn't sure the time is right to jump into the space.
CNET has contacted HTC for comment and will update this report when we learn more.
The market for wearable technology is expected to expand rapidly in the next few years, with, according to a report released last week by Juniper Research. The increase will stem in large part from "heightened consumer awareness of wearable technology," Juniper Research's Nitin Bhas said in a statement.
While much of that heightened awareness is due to reports that
The Taiwanese handset maker is struggling against fierce competition from Apple and Samsung. A decline in mobile market share recently resulted in the company reporting its. In an effort to reverse that slide, Chou is planning to to focus on innovation and product development.