The camera could be unveiled at an October 8 event in New York, along with a new smartphone designed for taking selfies. HTC has already sent out invites for the event, titled "Double Exposure".
The publication notes that HTC is looking for new revenue sources as it forecasted its 12th straight quarter of diminishing sales. The company is looking to compete beyond smartphones with products such as mobile camera accessories and a smartwatch. Reportedly, the HTC timepiece won't be unveiled until next year.