Facebook is launch new app for iOS devices such as a smartphone called Facebook Camera. The app is set to do battle with other apps such as Instagram for snapping photos and uploading them to Facebook on the go.

Foxconn and Sharp are said to be building a new display plant in Chengdu, China for producing displays for the iPhone. Foxconn recently purchased a 10% stake and sharp for $808 million.

Sister site SlashGear is already published a review of Facebook Camera for the iPhone. The app seems pretty interesting.