#9jarox News:Microsoft is reportedly joining Apple, Samsung and LG in the race to develop a smart watch.

The software giant is working on designs for a touchscreen watch device, according to the Wall Street Journal, which cited anonymous executives at suppliers.

In early 2013, Microsoft asked Asian suppliers to ship parts for a potential watch-style device, the executives said. One source added that he had a meeting with Microsoft's research and development team at its Redmond, Wash. headquarters.

Microsoft did not immediately respond to a request to confirm reports.