Google announced its Android smartphone operating system a while back and now there are rumors that Taiwanese handset maker HTC has an Android phone in the works.

Some expected features of the “Dream” are that the handset will be over 5 inches long and 3 inches wide, with a keypad underneath the screen that either slides out or swivels out. The aim of the keypad is for easy e-mail, note-taking, and writing Web addresses. Internet navigational controls are expected to be situated below the screen on the handset.

A full complement of cutting-edge features like GPS geo-location, sleek design, and music/movie playback are also expected to be part of the package. The phone is expected for release in late 2008.

Gaganjot Singh gives more details in his article about the First Android Phone Ever.