If what he says is true, I would say HTC have done a good job so far in keeping the watch development under wraps till now.
As far as wearables are concerned, HTC introduced its 'Grip' fitness tracker at Mobile World Congress earlier this year. Grip features five precision sensors including GPS-tracking and can monitor your fitness goals for different activities like running, walking and cycling. However, Grip has not seen a commercial release anywhere in the world yet. Not even in Taiwan which is HTC's home country.
HTC fans, you'll finally have One watch to call your own come February.
— Evan Blass (@evleaks) December 3, 2015
HTC is also reportedly working on a UA Scale tracker in collaboration with Under Armour Inc, an American company which specializes in making sports clothing and accessories. We aren't sure yet if Even Blass is actually talking about the UA Scale or a real smartwatch.
MWC15: HTC brings in 'Grip' fitness tracker and 'Vive' VR Headset
If HTC One Watch materializes, it will almost certainly run Android Wear, given that HTC runs Android OS in all its smartphones. If it does, you'll be able to enjoy several new features like Wi-Fi connectivity, always-on apps, access to contacts and apps with a simple tap on the home screen, access to a lot of Emoji characters and wrist flick navigation.
Google brings in Android Wear updates as Apple Watch sales soar
Android Wear currently features in smartwatches marketed by LG, Samsung, Motorola, Sony and Huawei, among others. If HTC joins the elite league in February, it'll surely make it easier for you to choose your favourite one, given that the watch will come with an all new design and its own unique proposition.