Samsung may soon come out with its very own social networking service to make its presence felt in Social Network market, according to Korea Times.

The service does not have a name yet, but is internally codenamed 'Samsung Facebook', and will be accessible on a wide range of smartphones, tablets, cameras, and televisions. The service will be platform agnostic, but will leverage Samsung's position as the leading manufacturer of smartphones and televisions.

According to BGR, The service, which the company hopes will eventually compete with Facebook, will be available on a variety of Internet enabled devices. “The eventual goal is to expand our social media service across different devices from different companies across different mobile platforms.”

“By the end of the year, we will have a polished and finished version of Family Story that will be offered first to Samsung device users for free. The new service will become available in the first quarter of next year at the earliest,” the official said.