TechFaith Announces GSM Mobile Phone Shipments to One of Mexico's Largest Manufacturers of Consumer Electronics

BEIJING, March 14, 2011 /PRNewswire-Asia/ -- China TechFaith Wireless Technology Limited (Nasdaq: CNTF) ("TechFaith" or the "Company") today announced shipments of its GPRS/EDGE GSM mobile phone to one of Mexico's largest manufacturers of consumer electronics. The mobile phones were specifically tailored for use on one of Mexico's largest operator networks, Telcel ( TechFaith has already shipped 50,000 units to the customer since the fourth quarter of 2010. An additional 15,000 units are expected to ship to the same customer in the second quarter of 2011.

TechFaith's GPRS/EDGE GSM mobile phone is a high-end, full function multimedia phone. Featuring a 3.0 inch LCD touch screen, the phone comes with a built in motion sensor and games. The phone supports high quality MPEG4 video, rich MP3 sound, and comes with extensive privacy and security features.

Mr. Deyou Dong, President and COO of TechFaith in charge of the Company's mobile phones business, said, "This is another success story in the expansion of TechFaith's business worldwide.  Our strong capabilities at tailoring mobile phones to local markets and to carrier's specific needs has helped TechFaith win new customers and grow our business with them. In this latest case, we have a proven local partner on the ground, in a key growth market for TechFaith. We will work to leverage this and all of our relationships worldwide as we further penetrate key growth markets and support key new product launches in 2011."

About TechFaith (NASDAQ:CNTF)

TechFaith (NASDAQ: CNTF) is a China-based original developed product ("ODP") provider focused on the original design and sales of mobile phone products. TechFaith is targeting to build it to be a branded mobile phone specialist in differentiated market segments in China market. TechFaith is also striving a leading PC and online gaming business through its wholly-owned subsidiary, 798 Entertainment Limited.

  • TechFaith engages in the development and production of middle 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 combination 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 targeting to be branded mobile phone specialist for differentiated market segments in 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 licensed brand names for girls and teenagers.
  • TechFaith is targeting both the mobile and online PC gaming markets through its websites and 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.

Source: China TechFaith Wireless Technology Limited
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