There were many rumors the last months about a possible release of a Facebook smartphone in the near future. We even heard of its specifications. However, they do not seem to be realistic anymore. According to Mark Zuckerberg, the CEO of Facebook, "it wouldn't really make much sense" for such a move and the possibility of creating their own smartphone.
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Facebook is working with HTC to build a smartphone, which will be released mid next year. According to sources quoted by Bloomberg, initially, the two companies wanted to have the smartphone released until the end of 2012, but HTC asked for more time because it had to work on other products too.