Facebook building smartphone with Apple engineers?

Facebook is leaving no stone unturned to enter the mobile phone arena with a bang. After revealing plans to increase mobile revenue, the social networking giant is hiring Apple engineers to develop a Facebook smartphone.

Facebook is leaving no stone unturned to enter the mobile phone arena with a bang. After revealing plans to increase mobile revenue, the social networking giant is hiring Apple engineers to develop a Facebook smartphone.

Even in 2010, rumours surfaced claiming Facebook is planning to venture into hardware. Again in 2011, reports suggested that Facebook is tying up with HTC to build a Facebook-centric device. But there was no confirmation about these reports.

Recently, a study had revealed that people used the mobile version of Facebook most often and Zuckerberg's team seems to have taken it seriously. After two previous attempts at working on a smartphone, Facebook might launch an own-branded smartphone.

Facebook representatives didn't confirm or deny the rumors but referred to a previous statement it gave to AllThingsD last year that said,'We're working across the entire mobile industry; with operators, hardware manufacturers, OS providers, and application developers', reports the New York Times.