HTC's first smartwatch will be launched by September, come with a circular design and will be called the HTC One Wear according to someone who claims to have been given a demo of the much anticipated wearable.

A reporter from Taiwan-based TK Tech News claims to have been given a demo of HTC's up-coming smartwatch as well as details about its name, launch date and design.

HTC chairwoman Cher Wang has previously confirmed the company is developing a smartwatch but has so far declined to release details of what it will look like, how much it will cost or what it will be called, only admitting that it will be released in the second half of this year.

HTC has been listed by Google however as one of its main partners in the new Android Wear project, which is Google's tailored version of its mobile operating system designed specifically to work on smartwatches with LG and Motorola also among those working with Google.

TK Tech News reports that HTC's first smartwatch is tentatively called One Wear. The device is said to feature a circular design, similar to Motorola's Moto 360 and HTC may launch two versions of the smartwatch - one metal and one polycarbonate - in the same vein as Samsung's recent launch of the Gear 2 and Gear 2 Neo smartwatches.

The report also says that HTC is expected to launch the One Wear in either late August or early September.

In an interview earlier this year, 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. These are customer-centric problems," said Wang in an interview.