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htconem8commercialHTC is getting ready to launch its latest hardware, with a new camera phone and smartwatch reportedly in the works.

Last week, the Taiwanese handset maker sent out press invitations for a big March 1 event to be held at the annual Mobile World Congress show, and now Bloomberg has more details on what HTC plans to announce.

One of the devices, code-named M9, will likely be a sequel to the company’s flagship phone released last year. The new phone is rumored to have a 20-megapixel rear-facing camera and a high-end front camera. A second announcement, also slated for March, is expected to reveal a smartwatch that will be marketed alongside Under Armour’s fitness service.

The company has been struggling to compete against its rivals, including Samsung and Apple, but it recently started to make some progress financially.

Earlier this month, HTC, which has operates its North American offices in the Seattle area, posted its first quarterly revenue growth in more than three years. Fourth-quarter sales totaled $1.5 billion, up from $1.3 billion a year earlier.

The company attributes the rise in sales to its new tablet, which was the first one it has manufactured in partnership with Google, and received favorable reviews when it launched in November.

HTC released its current flagship device, the M8, shortly after announcing it at Mobile World Congress last year. If the company follows the same pattern, it means that the devices could launch in less than two months. Sources familiar with HTC’s plans provided the same timeline to Bloomberg.

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