The day Google announced the Google Android mobile operating system, rumors and speculations started speeding across the internet about a possible Google phone. However, in recent statements, Google had refuted all speculations about a possible Google mobile device and had stated that, Google was keen and interested in only developing software and not hardware.

Now it seems, Google Inc. is finally planning on designing and developing a mobile phone after all. HTC had recently announced an all new mobile device, The Dragon, that was based entirely on the Google Android. Yet, the Dragon isn’t the Google phone that has every tech savvy user on his toes. According to sources, Google is in fact working feverishly on designing and developing an in house built mobile phone, that is expected to be relearned very soon and will be available for the consumers directly through retailers. The Google phone will be manufactured by a third party manufacturer, but will carry the brand logo of Google and is believed to be slated for release in the year 2010.

The new Google phone is believed to be dictated by Google’s terms and conditions and no compromises are expected to be made when it comes to the design and the functionality of the new device. There are also reports that either, Samsung or LG would be the prefigured manufactures of the Google phone. However, due to the fact that, Samsung is already involved in making parts for Apple iPhone, it could be possible that, Apple Inc. might prohibit Samsung from working for Google, thus leaving LG as a sole preferred supplier for Google phone.

Via Pocket Tables.