Chinese search giant Baidu has confirmed rumors that it is developing a Google Glass like wearable technology product that is initially code-named ‘Baidu Eye’, but has stressed that no consumer launch is planned as yet. Numerous Chinese media — summarized by Tech In Asia — this week reported that Baidu is making a foray into wearable computing. Now Kaiser Kuo, Baidu Director of International Communications, has confirmed that a prototype device is in development, however, its public release is no foregone conclusion. “It is true that we are working on something, but it is not necessarily for release in the market,” Kuo told TNW by phone. Kuo said that the device is “one of many internal experiments” that Baidu — which enjoys a dominant 70 percent-plus share of China’s domestic search market.