Samsung has denied that it was planning to launch its own social network, codenamed "Samsung Facebook".
The Korean Times (KT) quoted an official at the company, in its report earlier this week, as saying the social network was to launch early next year.
The 'Samsung Facebook' name was just a placeholder, according to the official. They supposedly added that the company had been "buoyed" by the response to its ChatOn app, which also runs on iOS and BlackBerry, and adds the new social network will also be built on top of its FamilyStory photo sharing product.
There have been inquiries and a few articles claiming that Samsung Electronics is going to offer a Facebook-like service, being developed under a code-name called 'Samsung Facebook.'
However this is not true and the rumor is groundless.
'Family Story' has been available since February 2012 on Samsung Smart TVs, Smartphones, Tablets and the web*. This service, like its name, is a family-oriented convergence service that focuses on sharing and storing families' special moments.
It is true that we currently are working on upgrading 'Family Story' as we always thrive to provide consumers with enhanced experiences, but this is far from a "Samsung Faceboook" as some are claiming it to be.