HTC allegedly planning for Android smartwatch

Ahead of the release of the One Max, HTC is the subject of a Bloomberg report that the company is allegedly planning an Android-based smartwatch for 2014. There are scant few details on the project — only that it will be able to “take pictures” — but it’s not altogether unlikely that the Taiwanese company would want to get into the watch space. HTC has fallen on tough times recently, posting its first-ever quarterly loss and selling back shares in Beats, Inc. With Samsung cannibalizing the company’s smartphone sales, not trying its hand on a smartwatch could add insult to injury — and admit defeat.