HTC said it would not comment on "rumors or speculation."
HTC Chairwoman Cher Wang said earlier in the month that the company plans to unveil its first wearable device in time for Christmas shopping this year.
HTC is also expected to unveil the sequel to its highly HTC One phone at a special event set for March 25.
The struggling Taiwanese smartphone maker also plans to expand its range of cheaper products for both emerging and developed markets. Chang Chia-lin, HTC's chief financial officer, said earlier this month said that the company would sell more mid-tier and budget products at US$150 to $300, while its high-end smartphones will go on sale at over $600.