The New York Times is reporting that Facebook is hoping to release its own smart phone sometime next year with the help of former Apple engineers. The sources for this development come from within Facebook, saying up to six former Apple engineers are developing it.
Facebook would not confirm or deny the report but in a statement said "we're working across the entire mobile industry; with operators, hardware manufactures, OS providers and applications developers."
Facebook has partnered with HTC Corp. to build a smartphone that has the social network deeply integrated to its services, according to AllThingsD. The phone has been reportedly code-named "Buffy," will run on a modified version of Android, and support HTML5. It could be 12 to 18 months before Buffy enters the market.