New Delhi, Feb. 19 -- Meta is reportedly preparing to re-enter the smartwatch market later this year, marking a renewed push into wearable technology and signalling a broader expansion of its consumer hardware portfolio.

According to a report by The Information, cited by The Verge, the social media giant is developing a smartwatch under the internal code name "Malibu 2". The device is expected to centre on health tracking features and may incorporate a built-in Meta AI assistant, underscoring the growing role of artificial intelligence in fitness and lifestyle gadgets.

If launched, the watch would represent Meta's first serious attempt to compete in the increasingly crowded smartwatch segment, currently dominated by major technology pla...