BEIJING, Oct 29, 2010 /PRNewswire via COMTEX/ --
China Techfaith Wireless
Communication Technology Limited (Nasdaq: CNTF) ("TechFaith") today announced
that it will hold a conference call to discuss the Company's financial results
for the third quarter 2010 and business outlook. The Company scheduled the
call for 8:00 a.m. U.S. Eastern Time on Tuesday, November 23, 2010 as part of
its ongoing efforts to reach an even broader base of investors and analysts as
TechFaith continues to execute on its growth and business strategies.
The dial-in number for the live audio call, which will begin on Tuesday,
November 23, 2010 at 8:00 a.m. U.S. Eastern Time (9:00 p.m. Tuesday, November
23, 2010 in Beijing), is +1-857-350-1671. The conference call passcode is
50236591. A live webcast of the conference call will also be available on
TechFaith's website at http://www.techfaithwireless.com .
A replay of the call will be available approximately 2 hours after the
conclusion of the live call through 10:00 a.m. U.S. Eastern Time on November
30, 2010, (11:00 p.m., November 30, 2010 in Beijing) by telephone at +1-617-
801-6888. To access the replay, use passcode 40022705. A webcast replay will
also be available at http://www.techfaithwireless.com .
TechFaith (NASDAQ: CNTF) is a China-based original developed product
("ODP") provider focused on the original design and sales of mobile phone
products. TechFaith aims to become a branded mobile phone specialist in
differentiated market segments in the China market. TechFaith is also striving
to build a leading PC and online gaming business through its wholly-owned
subsidiary, 798 Entertainment Limited.
-- TechFaith engages in the development and production of mid- to high-end
handsets and tailor made handsets. TechFaith's original developed
products include: (1) multimedia phones and dual mode dual card
handsets of multiple wireless technology combinations, such as GSM/GSM,
GSM/CDMA, GSM/WCDMA, GSM/TD-SCDMA and UMTS/CDMA; (2) Windows-based
smartphones and Pocket PC phones; and (3) handsets with interactive
online gaming and professional game terminals with phone functionality.
-- With the capability of developing Middleware Application MMI/UI
software on 2G/2.5G(GSM/GPRS, CDMA1X), 3G(EV-DO, WCDMA/UMTS, TD-SCDMA)
and 3.5G(HSDPA) communication technologies, TechFaith is able to
provide Middleware Application MMI/UI software packages that fulfill
the specifications of handset brand owners and carriers in the global
market. For more information, please visit
-- TechFaith is aiming to become a branded mobile phone specialist for
differentiated market segments in the China market, such as under its
wholly-owned subsidiary brand name QIGI for smartphone business which
targets enterprise users and operator tailored market, under Glomate
brand, selling other brand names for girls and teenagers, under the
TechFace brand name to target the market of outdoor sports enthusiasts.
-- TechFaith is targeting both the mobile and online PC gaming markets
through its websites http://www.798uu.com and http://www.798game.com
with gaming content developed internally, co-developed and licensed
from third parties.
Safe Harbor Statement
This announcement contains forward-looking statements. These statements
are made under the "safe harbor" provisions of the U.S. Private Securities
Litigation Reform Act of 1995. These forward-looking statements can be
identified by terminology such as "will," "expects," "anticipates," "future,"
"intends," "plans," "believes," "estimates," "confident," "outlook" and
similar statements. Among other things, the business outlook and strategic and
operational plans of TechFaith and management quotations contain forward-
looking statements. TechFaith may also make written or oral forward-looking
statements in its periodic reports to the U.S. Securities and Exchange
Commission on Forms 20-F and 6-K, etc., in its annual report to shareholders,
in press releases and other written materials and in oral statements made by
its officers, directors or employees to third parties. Statements that are not
historical facts, including statements about TechFaith's beliefs and
expectations, are forward-looking statements. Forward-looking statements
involve inherent risks and uncertainties. A number of important factors could
cause actual results to differ materially from those contained in any forward-
looking statement. Potential risks and uncertainties include, but are not
limited to, those risks outlined in TechFaith's filings with the U.S.
Securities and Exchange Commission, including its annual report on Form 20-F.
TechFaith does not undertake any obligation to update any forward-looking
statement, except as required under applicable law.
For more information, please contact:
China Techfaith Wireless Communication Technology Limited
In the U.S.:
Global IR Partners
SOURCE China Techfaith Wireless Communication Technology Limited