Monday, 21 October 2013
HTC Corp. is developing a smartwatch that uses Google's Android software and can take pictures, according to a person familiar with the matter.
The watch’s price, full functions and sales strategy still must be decided before it’s released by the second half of 2014, said the person, who asked not to be identified because the plans aren’t public. The smartwatch will join a growing segment of wearable technology that already includes devices from Samsung Electronics Co. (005930) and Sony Corp. (6758)
Dwindling market share for HTC smartphones has led to the company’s first quarterly loss and a 54 percent slump in its share price this year as it loses ground to Samsung, the world’s biggest smartphone maker. Apple has a team of designers working on a watch-like device, two people familiar with the matter said in February, and the company has sought trademark protection for the “iWatch” name in Japan
