Facebook set to release their own smartphone next year

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The New York Times reports that developers have been trying to recruit engineers that would eventually create a Facebook smartphone. The report also added that this is Facebook’s third attempt in developing their own smartphone.

According to the NYT, the social networking giant might be ready to launch their first ever Facebook smartphone by next year.

This comes to light as another Internet giant, Google, acquired Motorola Mobility last week for about $12.5 billion. Facebook’s entry to the smartphone market may be geared towards its own bid to dealing with the smartphone hardware business.

The Facebook smartphone has been circulating over the Web in the past years. Sources have said that the social networking behemoth has started working on their first ever smartphone back in 2010. Unfortunately, this was stopped due to complications in the development.

Another source, AllThingsD, has said that Facebook and smartphone manufacturer HTC are working hand in hand in developing a mobile device.

Called “Buffy”, the latter says that this might still be in development.

Facebook’s popularity could lead to huge sales for their smartphone dreams.

If given the chance to have a Facebook smartphone, are you willing to trade in your old mobile device for the former?

Image Source: geeky-gadgets.com