According to recent media rumors (TechCrunch) Facebook is building a mobile phone. More specifically information is around that Facebook is seeking to build the software for the phone and that they might be on a high Research and development project by working with a third party.

You must also remember that it was almost a year ago when the first rumors of Google’s phone were in the close quarters of various media hubs. However the validity of this assertion that Facebook would really be going into the hardware market doesn’t just come as a wild guess, but experts predict that Facebook maybe into aggressive expansion.

After the press conference that Facebook had held in early June, Facebook had made a couple of direct “attacks” against the market that Google currently holds. In fact Facebook had announced rigorous methods of expansion by capitalizing on the advertising potential. It had even given an open challenge to Google of becoming the number one search engine based on personal search. So, can the latest rumors be seen in the context of these past trends?

According to the leaked reports the project is currently being led by Joe Hewitt and Matthew Papakipos , who are looking at the software potential of the creating the phone.

Facebook has vehemently denied the accusation in which it has clearly stated “The story, which originated in Techcrunch, is not accurate. Facebook is not building a phone. Our approach has always been to make phones and apps more social. Current projects include everything from an HTML5 version of the site to apps on major platforms to full Connect support with SDKs to deeper integrations with some manufacturers. Our view is that almost all experiences would be better if they were social, so integrating deeply into existing platforms and operating systems is a good way to enable this.”

For the time being the rumors must have got a rational explanation, however experts are quire wary about the, expansion ideas of Facebook. After all Facebook making its own phone does not sound like a bad idea.