We’ve seen plethora of rumors in the past few weeks hinting at the launch of a new Android Wear device from HTC soon. Last month, a rumor even hinted that the Taiwanese company is working on two smartwatches, which will see the light of the day in the coming weeks.
According to a new rumor, HTC may have abandoned its plans to launch a new wearable device for the time being. The official reason is still unknown.
The folks at Pocket-Lint reported, citing people familiar with the plan, that HTC has cancelled the development of its smartwatch, and didn’t give any official confirmation as to why it has been abandoned. The report further mentions it could be due to the rising costs of manufacturing the smartwatch, and lack of exciting features to differentiate it with the competition.
Rumors suggest it looked quite similar to the Qualcomm Toq smartwatch, which was big and bulky compared to the recent entries in the market such as the Moto 360 and the recently announced LG G Watch R — the latter is still not available in the marker, but the Moto 360 is sold out in the US at the moment.
There’s no official confirmation about it so let’s just take this with a proverbial amount of salt. We’ll update you as soon as we get any other information.