Facebook may launch its first-ever smartphone by next year, a new report has revealed.
According to Stuff.co.nz, Facebook has sought engineers to work on building hardware for a Facebook smartphone, which would mark the social network's third attempt to develop a smartphone, the report cited.
The news comes as search engine giant Google completed the acquisition of Motorola Mobility for 12.5 billion dollars earlier this week, a move that could help Facebook counter that with its own foray into the smartphone hardware business.
Rumors have been rife about a Facebook phone for the past few years. Although Facebook was reportedly first working on a smartphone in 2010, sources said the initiative stopped due to development complications.
Meanwhile, it has also emerged that Facebook and manufacturer HTC were working together to develop a mobile device under the code name ďBuffyĒ, which is still under development.