Hulu is in the process of developing an app for Apple’s (AAPL) iPhone and iPod touch. The application will work over Wi-Fi and AT&T’s 3G network, meaning that users will be able to view programming anywhere with a fast data connection. Sorry Hulu is not available in Malaysia!

In fact, this is not the first web video app for the Apple iPhone. CBS’s TV.com app is on the market, as are Joost, i.TV and several others. Hulu’s tech and design teams have demonstrated themselves as the best in the Web video industry, as everyone is now trying to emulate them. One hurdle, we assume: Because of Hulu’s streaming architecture, it might not be possible to download videos to watch later, such as on the subway or an airplane.

Read more details here.