TechFaith (NASDAQ: CNTF) is a China-based company with global operations focused on opportunities in mobile phones and the fast growing PC and online gaming markets.
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BEIJING, Dec. 21, 2011 /PRNewswire-Asia/ -- China TechFaith Wireless Communication Technology Limited (NASDAQ: CNTF) ("TechFaith" or the "Company") today announced today that it has received approval from the Shenyang Government for the acquisition of approximately 11.5 acres in Shenyang City's Shenbei New District. TechFaith's new facility will include integrated R&D, sales and distribution. The land contract is valued at approximately RMB 14.4 million (approximately US$2.3 million).
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BEIJING, Dec. 14, 2011 /PRNewswire-Asia/ -- China TechFaith Wireless Technology Limited (NASDAQ: CNTF) ("TechFaith") today announced it will have an expanded presence at the Consumer Electronics Show (CES) in Las Vegas, 10th to 13th January 2012. TechFaith plans to showcase a broad range of new mobile phone models along with a wide range of existing WCDMA/GSM/EVDO models. The Company will be located in Las Vegas Convention Center South Hall 4, Booth 35408.
For the WCDMA category, TechFaith ...
BEIJING, Nov. 21, 2011 /PRNewswire via COMTEX/ --China TechFaith Wireless Communication Technology Limited (NASDAQ: CNTF) ("TechFaith" or the "Company") today announced unaudited financial results for the third quarter ended September 30, 2011.
For the third quarter of 2011, TechFaith reported net revenue of US$80.6 million, a 17% increase compared to US$68.6 million in the third quarter of 2010, and a 3% decrease compared to US$82.8 million in the second quarter of 2011. Gross margin for t...
BEIJING, Oct. 25, 2011 /PRNewswire via COMTEX/ --China TechFaith Wireless Communication Technology Limited (NASDAQ: CNTF) ("TechFaith" or the "Company") today announced that it will hold a conference call to discuss the Company's financial results for the third quarter 2011 and its business outlook.
The dial-in number for the live audio call, which will begin on Monday, November 21, 2011 at 8:00 a.m. U.S. Eastern Time (9:00 p.m. Monday, November 21, 2011 in Beijing), is +1-617-786-2960 or +...
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