HTC smartwatch may arrive before the end of this year

HTC's chief financial officer and head of global sales Chang Chialin admits that "2013 wasn’t a very good year" for the company but the future can only get better. "We feel positive and optimistic about 2014 when compared to 2013," he said in an interview for Bloomberg.

On another occasion, the company's chairman Cher Wang revealed that 2014 will bring HTC One's follower and the first HTC smartwatch, as well as a renewed focus on marketing.

The device known as "HTC M8" or "HTC One 2" is expected to arrive next month and replace the HTC One as the flagship of the company. The phone could be powered by the popular Snapdragon 800 processor or even by the more powerful Snapdragon 805, accompanied by a 5-inch screen, 3 GB of memory and at least 32 GB of internal storage.

Regarding the smartwatches, Wang said "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." She also revealed that HTC's first wearable device will hit the market by this year’s holiday shopping season. Unfortunately, no details about the features and pricing of HTC's smartwatch have been revealed so far.