Mark Zuckerberg the Co-Founder of the largest and richest social media company, Facebook met with Lee Don Joo, President of Sales and Marketing, of the largest manufacturer of smartphones, Samsung, to discuss the idea of a Facebook Phone…neither one of them came away with the answers they wanted.
Zuckerberg launched Facebook Home in April to a lukewarm reception. The software was to work with your smartphone to make it easier to do “Facebooking,” but only a small number of Facebook loyalist made the switch. He is trying to invest in products to help boast the 37-percent slump in Facebook shares since they went public in May 2012. The goal is to get more users to spend more time on Facebook, thusly increasing advertising revenue, and what better way to do that than to get the worlds’ largest smartphone manufacturer to produce a “Facebook friendly” phone.
There is simply no monetary reason for Samsung to join into this partnership, not to mention that they would hardily want to nurture another Google – they have enough troubles with one Google, who acquired Motorola Mobility, and will soon be rolling out the Moto X phone to compete against Samsung.
“Facebook has every intention of becoming the second Google, and with that intent in mind, Zuckerberg is said to have asked Samsung to step up cooperation by launching a phone with a Facebook interface,” said one watcher, declining to be identified.
“Samsung doesn’t want to help nurture a second Google, which is now becoming a formidable rival for Samsung in the handset business,” watchers said.
Let us know in the comments if you are a Facebook Home user and if you think Samsung should be building a Facebook phone.