Microsoft is working on designs for a touch-enabled smart watch, joining a number of other large competitors like Samsung Electronics and Apple who are said to be working on similar devices, a newspaper reported.Microsoft is working on designs for a touch-enabled smart watch, joining a number of other large competitors like Samsung Electronics and Apple who are said to be working on similar devices, a newspaper reported.Related StoriesProducts with faster USB speeds to reach market in 2014Is Samsung's Galaxy Mega Android smartphone lineup just too big?