Facebook Inc (NASDAQ:FB) – changing the face of its business with HTC’s help – 2498

Northern, WI 04/01/2013 (usastockreport) – A large percentage of Facebook Inc (NASDAQ:FB) (Current: $25.50, down by 0.37%) users are accessing the service via their mobile phones and this necessitates that the company step up its efforts to be more accessible on smartphones. The worlds most popular social networking service is joining hands with HTC Corp (TPE:2498) ( Current: 240.50TWD, Down by 1.64%) to create an updated version for the Android smartphone operating systems. In the fourth quarter, 23% of the Facebook ad revenue came from mobile devices and the company wants to expand its efforts into the wireless space.

The press event…
Mark Zukerberg the Chief Executive officer very categorically said the company does not plan to build any mobile devices but recognizes the importance of being more in-sync with mobile services. Consumers are gravitating away from computers and are using a variety of mobile devices and that’s the area of growth and the company’s focus area as well. They are thinking of how HTC Corp (TPE:2498) can help them innovate and go beyond the creation of another application. The Menlo Park, California-based company is holding a press event and has invited numerous members of the media community to give them a peek into their new strategy for Android smartphones and their wireless expansion plans.

HTC is involved in the R&D and manufacturing of Android-driven mobile phones. It sells PDA’s, touch phones, smart phones and panel computers as well. With the vast experience that it has in the field, it can definitely help Facebook change the way the world looks at it.

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