Samsung has always been focused on mobile and certainly has ambitions to become the world’s biggest mobile company and not just in terms of handsets, it also has plans to enter the social media mobile space.

According to a report in The Korea Times, Samsung is preparing to launch a Facebook-style network next year that is built and designed primarily for use via smartphones, tablets and smart TVs. Samsung has denied this report on its blog, saying “the rumor is groundless”.

The company says it is actually working on an update for its Family Story service aimed at families sharing photos and video across smartphone, tablets and Internet-connected TVs.

“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,” said the mobile giant.

It also said it’s not buying Nokia, just yet.