Facebook Denies Phone Development Rumours

Reports about Facebook entering the mobile phone industry has left experts and fans confused.

The social networking giant has denied any truth in the reports about a Facebook Phone, which was first published by tech news site Tech Crunch, calling it baseless. However, industry insiders believe that it is just another way of concealing facts from rivals and critics.

"The bottom line is that whenever we work on a deep integration, people want to call it a 'Facebook Phone' because that's such an attractive soundbite, but building phones is just not what we do," said spokesman for Facebook Jaime Schopfin.

Reports arise from the fact that Facebook recently hired Google’s lead project manager for Android, Erick Tseng.

The industry is currently alight with speculation despite the denial from the company.

Analysts have labelled it as just another way to put speculations to rest before officially announcing the product.

It remains to bee seen if people really want to own a mobile phone specifically designed for social networking.

Facebook would have to work on the OS and hardware details of the product in order to avoid an going the way of Microsoft's Kin to be able to rival the likes of Apple and Android.