Facebook ‘working on phone with HTC’
July 27th, 2012 - 9:35 pm ICT by Aishwarya BhattNew York, July 27 (THAINDIAN NEWS) Facebook is working with HTC, a Taiwanese handset maker to build a smart phone that will be specifically for Facebook.
Reports on this say that the smart phone will be released around mid 2013. On Thursday, Facebook said that it suffered losses of 157 million dollars in the period between the months of April and June. This is due to expenses that were brought about by stock compensation.
Facebookâs earnings have grown by 32 percent in the last one year. Facebook says that mobile users are rapidly growing and the number of ads that are shown on its platform are not matching the high number. The phone that Facebook and HTC are planning to come up with will be running a new operating system which will suit the more than 900 million people who access their Facebook from their phones.
This is not the first time that Facebook has talked about partnering with HTC to come up with a new smart phone. They had the same talks last year and they were supposed to come up with the phone this year.
It is rumored that HTC postponed the plans with Facebook because it had other things to work on. The operating system that will be on this phone will be specifically optimized for Facebook.
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Tags: earnings, facebook, htc, losses, million dollars, mobile users, new operating system, smart phone, stock compensation