Rumors of an upcoming model, the HTC Diamond Touch, have been around for quite some time now. The Diamond Touch would, according to unconfirmed reports, be an updated version of the HTC Touch, offering a higher resolution VGA display.

Earlier this week HTC announced an event to be held on May 6, where it plans to unveil the "next wave of HTC innovation".

The rumor on the Diamond Touch is a teaser that we hope turns out to be true, as nothing on the release of this model has been confirmed as of yet.

Gadgetorama tells us that the Chinese-language Commercial Times is reporting that HTC will release a new series of Diamond smartphones in the second quarter of the year but that unfortunately there are few other details.

There have also been rumors drawn around another device from HTC, to be released on the same date - the HTC Dream Android. This would be the very first smartphone by HTC that would run on the Android operating system and which would include some iPhone features.

This includes a full touchscreen interface for added convenience and an onscreen keyboard. It would also feature time-sensitive touch gestures, easy navigation with icons, and virtual machine for multitasking, to name a few.

HTC Dream Android

This special event taking place in London, UK on May 6 at 11:30am, has been taglined: "Witness the next wave of HTC innovation". There will be a few different companies including PHONE Mag which will be live-casting the event and we will be sure to keep you updated on this issue.

Whether they unveil only the Dream Android or confirm the rumors and present both models, this is an event that you won't want to miss.