Bloomberg reports that HTC is developing three new wearable devices. The company will demonstrate the first one at the MWC event later this week, but will only show the watch privately to mobile carriers. The first watch will be based on Qualcomm's Toq device - which uses a small touch Mirasol display.

The second watch wil be based on Google's Now service, and this one will use an AMOLED display. The third wearable device will be an electronic bracelet. That's all we currently know. According to Bloomberg the information comes from a person with "direct knowledge of the plans".

HTC already announced they are working on wearable devices. This isn't surprising - it seems that all electronics companies are interested to enter this new market. Just earlier today Samsung unveiled the Gear 2 smartwatch, last month LG showed a Fitness band (which uses a touch PMOLED) and of course Apple is rumored to be working on a smartwatch of their own, reportedly with a flexible AMOLED panel supplied by LGD.