June 20, 2013
Zuckerberg was in Seoul, South Korea earlier this week and met earlier with executives from the company.
Early reports say Zuckerberg met with Samsung heir Jay Y. Lee, Samsung chairman Kun-Hee Lee, and president of the company’s handset division Jong-kyun Shin, asking the trio about the possibility of developing a “Facebook-friendly phone.”
The meeting was also centered around the current state of the information-technology industry.
Samsung has already integrated Facebook’s recently launched Home software — a program aimed at making Facebook mobile more user-friendly — into some of its phones like the Samsung S4.
Billionaire Zuckerberg is reportedly dedicated to developing products that will appease investors disappointed by the 37 percent slump in shares since the company’s May 2012 public offering, says Bloomberg.
While there’s no comment from Facebook about Zuckerberg’s trip, a report in the Korea Herald claims Samsung isn’t interested in a phone with a Facebook interface.
“Facebook does not carry the kind of premium image that Samsung is seeking to carve out in the world, meaning that a ‘Facebook-friendly’ phone would bring no real benefits for the Korean electronics conglomerate,” says the report.
Also on Zuckerberg’s agenda was a meeting with South Korea President Park Geun Hye. The pair spoke for about 30 minutes, discussing ways to promote technology start-ups and help small- and mid-sized businesses garner global exposure via Facebook.