Facebook smartphone could come by next year: report

Facebook hopes to release its own smartphone by next year
Facebook hopes to release its own smartphone by next year, as the newly public social networking giant looks to boost its revenue in the mobile Internet market, the New York Times reported Monday.

Facebook hopes to release its own smartphone by next year, as the newly public social networking giant looks to boost its revenue in the mobile Internet market, the New York Times reported Monday.

The company has hired more than half a dozen software and hardware engineers who have worked on Apple's bestselling iPhone and one engineer who has iPad experience, the paper said, citing employees and other unnamed sources.

It has also expanded a group working on a partnership with Taiwan's HTC to create a smartphone codenamed "Buffy" -- a project first revealed last year by technology blog All Things Digital.

One former Apple engineer who worked on the iPhone and was recruited said he had met with Facebook chief "who then peppered him with questions about the inner workings of smartphones," the report said.

"Mark is worried that if he doesn't create a mobile phone in the near future that Facebook will simply become an app on other ," a Facebook employee told the New York Times.

When asked for comment, neither confirmed nor denied the report.

"Our mobile strategy is simple: we think every mobile device is better if it is deeply social," it said in a statement emailed to AFP.

"We're working across the entire mobile industry; with operators, hardware manufacturers, OS providers and to bring powerful to more people around the world.

Facebook's this month raised a record $16 billion but has sparked fury, and lawsuits, amid concerns that key information about the outlook for the company might not have been made widely available.

The company said earlier this month that it was launching an App Center for mini-programs that plug offerings such as Pinterest or Draw Something into the leading social network, which has more than 900 million members worldwide.


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(c) 2012 AFP

Citation: Facebook smartphone could come by next year: report (2012, May 28) retrieved 25 August 2019 from https://phys.org/news/2012-05-facebook-smartphone-year.html
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May 28, 2012
Why would Facebook invest in their own smartphone? Do they really think they have their foot in the door of the smartphone market with Apple, Microsoft, Samsung and HTC etc?

May 29, 2012
Why? Because they are unable to serve ads to most mobile phones. Since their revenue stream is entirely ad-based, as more people move to smart phones, FB loses big time. If they make their own phone, they'll control the ad space. This has about as much chance of working as all-commercial radio back in the '90s.

May 30, 2012
What are the parallels between Facebook's smartphone and commercial radio in the 90s?

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