There are rumors that Chinese tech giant Xiaomi is working on a smartwatch. There are speculations that Xiaomi would release the smartwatch in the second half of the year or as early as Aug. 25.

The latest rumor comes from Chinese Mobile Phone League Secretary General who posted the information on Chinese social networking platform Weibo. There are also talks that unlike most Xiaomi devices that come with affordable price tags, the Xiaomi smartwatch might be the exception, according to Giz China.

Like Us on Facebook

According to BGR, the Xiaomi Mi smartwatch is expected to be priced at $151. The smartwatch is being manufactured by Huami, the same company that manufactures Xiaomi Mi Bands.

Xiaomi has kept silent about the actual status of its smartwatch. Some tech analysts are skeptical about whether Xiaomi is working on an analog watch, just like what Meizu, or a digital smartphone that many are expecting will run on Android Wear operating system.

Xiaomi is expected to release the highly anticipated Redmi 4 device on Aug. 25. Duringthe same event, the company is expected to shed some light on the status of its smartwatch.

TagsXiaomi, Xiaomi News, xiaomi mi, Xiaomi smartwatch, smartwatch, Mi smartwatch