Facebook may launch a SmartPhone

Facebook may be gearing up to launch its first-ever smartphone by next year, a new report suggests.

According to The New York Times, engineers have been sought by recruiters to work on building hardware for a Facebook smartphone. This would be the social network's third attempt to develop a smartphone, the report said, citing sources close to the matter.

The news comes as search engine giant Google completed the acquisition of Motorola Mobility for $12.5 billion earlier this week. This move could help Facebook counter that with its own foray into the smartphone hardware business.

Posted in: Facebook, Mobile