Microsoft Is Making Its Own Smartwatch: Report

Steve Ballmer, chief executive officer of Microsoft Corp.
Andrew Harrer | Bloomberg | Getty Images
Steve Ballmer, chief executive officer of Microsoft Corp.

Microsoft—like many of its competitors—is entering the wearable technology space and is working on a smartwatch, according to a report Monday.

The smartwatch will feature a 1.5-inch display and will be touch enabled, according to The Wall Street Journal.

Microsoft reportedly requested suppliers in Asia to ship components for the device, according to the report. CNBC reached out to Microsoft for comment, but the company declined to comment.

(Read More: Apple Smartwatch Out of 'Experimentation Phase': Report )

Apple and Google are also reportedly working on smartwatches and Samsung has openly stated that it has a similar device in the works.

(Read More: Pebble CEO: An Apple Smartwatch Won't Stop Us and Google Is Working on a Smart Watch, Too)

Nike already sells a wearable device—called the Fuelband—that measures the user's physical activity. However, tech companies entering the space want to add features that are found on a smartphone, like text messaging or taking pictures.

(Read More: An Apple Smartwatch May Boost Revenue $9 Billion: Analyst)

Microsoft launched a smartwatch called SPOT in 2004 but discontinued it four years later. The watch was limited in functionality and used FM radio signals for connectivity.