Spotify to create its own music hardware?

(Reuters/Christian Hartmann)Headphones are seen in front of a logo of online music streaming service, Spotify.

After establishing itself as one of the world's leaders in music and video streaming, Spotify is reportedly working on creating its own hardware.

According to a report from The Verge, the streaming giant was said to be looking for a senior product manager in hardware to lead on a product that is "akin to Pebble Watch, Amazon Echo and Snap Spectacles." The job posting, however, was taken down hours after it went online, but news of the listing has already proliferated, which left observers wondering if indeed the company is planning to open its doors to such technologies.

Details pertaining to the job opening mentioned that the alleged product will be connected to the internet and will directly come from Spotify, which takes integrating with third-party companies out of the equation.

The Verge report also floated the possibility of having a device that is similar to the iPod shuffle that could stream music directly from Spotify.

Furthermore, another job description has also been posted on Spotify's website, saying that the company is in search of "Product Manager to the Platform & Partner Experience tribe" who will be in charge of Spotify's "voice efforts" apart from their core applications. The Verge report also speculated that this particular job opening could also be related to the previous one, noting that a voice product manager could be useful in the development of a new hardware.

Meanwhile, a report from Tech Crunch surmised that should Spotify pushes through with the new device, it could possibly come in the form of something that is wearable like the Pebble Core, which is a tiny computer placed that is placed inside a keychain.

The product, however, has not come out in retail because of the financial struggles the company faces. Other observers speculate that the product may come in the likeness of a voice-activated speaker that could potentially take on the Amazon Echo.