HTC confirms it is working on a wearable gadget

Chairwoman refuses to expand; says it will be here before the end of the year

HTC has confirmed that it will launch a wearable device before the end of the year.

Speaking to Bloomberg, HTC chairwoman Cher Wang confirmed rumours that the company was planning to enter the wearable technology market.

Wang did not confirm any specifics of what the company has planned.

“Many years ago we started looking at smartwatches and wearables, but we believe that we really have to solve the battery problems and the LCD light problems,” Wang said in an interview conducted Tuesday. “These are customer-centric problems.”

While this is the first time that any senior HTC executive has confirmed explicitly that the company is working on wearables, it has been hinted at in the past.

As recently as October, chief executive Peter Chou told the Financial Times that the company saw the market as “a critical segment”. However, he also told the paper that the time wasn’t right for the company.

Another report suggested that the company was already working on a prototype smart watch.

The company is widely expected to unveil its follow up to the award winning HTC One smartphone next month.