According to a report from Bloomberg, social network Facebook has teamed up with Taiwan-based smartphone manufacturer HTC to build its own mobile phone. The device, which has been rumored for quite some time now, is set to be released in mid-2013. Bloomberg also very briefly notes that Facebook has hired former Apple engineers to work on an improved version of its iOS app, something that was previously rumored last month.
The companies had intended to release the device as early as the end of this year, and pushed back the timetable to give HTC more time to work on other products, said some of the people, who requested anonymity because the plans aren’t public. Facebook is also developing a modified operating system for the device and has assembled a team of former Apple Inc. (AAPL) programmers to improve its iPhone application, people said.