Huawei CEO Richard Yu has said that the company has a new smartwatch in the pipeline but also added that it’s not in a hurry to release it. This means that while the company is working on the Huawei Watch 3, it’s going to take some time before Huawei’s new wearable device hits the market.

Speaking to TechRadar, Yu said that the Huawei Watch 3 will come later. He added that “there’s no hurry because Huawei Watch 2 sells well. We’re not in a hurry, so we’re launching the new watch later.”

There haven’t been a lot of rumors about the Huawei Watch 3 recently even though it has been a full year since the company launched the Huawei Watch 2 at the Mobile World Congress 2017. Naturally, many Huawei fans were looking forward to seeing a new smartwatch from the company at the Mobile World Congress this year.

Yu didn’t provide any more details about the company’s next smartwatch and didn’t even say when we can expect it to be released. This suggests that we may not see the smartwatch at the company’s launch event for the Huawei P20 next month.

It’s possible that the company might announce it at IFA 2018 which will take place in September but that’s just speculation right now. Huawei has used the IFA stage to launch new products in the past so it remains a possibility that the Huawei Watch 3 could be launched in the second half of this year.

Filed in Gadgets. Read more about , , , and .