TechFaith Chairman & CEO Increases Ownership to 31.66%; Sees TechFaith as Undervalued with Continued Growth Prospects
BEIJING, Jan. 6, 2011 /PRNewswire-Asia/ -- China TechFaith Wireless Communication Technology Limited (Nasdaq: CNTF) ("TechFaith" or the "Company") today announced that its Chairman and CEO, Mr. Defu Dong, purchased approximately 143,000 ADSs on the open market during the month of December 2010. As o...
TechFaith and PuHe Announce RMB 240 Million Joint Venture, TecFace Sport Mobile Limited, With a New Integrated R&D, Sales, and Distribution Center
BEIJING, Dec. 15, 2010 /PRNewswire-Asia/ -- China TechFaith Wireless Communication Technology Limited (Nasdaq: CNTF) ("TechFaith" or the "Company") today announced the implementation of a major joint venture development project with the ShenYang PuHe New Town Administration Committee ("PuHe"). As pa...
TechFaith's 798 Entertainment to Launch China's First Motion MMORPG Game
BEIJING, Dec. 14, 2010 /PRNewswire-Asia/ -- China TechFaith Wireless Communication Technology Limited (Nasdaq: CNTF) ("TechFaith" or the "Company") today announced that its subsidiary, 798 Entertainment will launch China's first Motion MMORPG game titled "Seven Swords" through 17Wee, its motion game...
TechFaith's 798 Entertainment Receives Prominent Creative Award
BEIJING, Dec. 1, 2010 /PRNewswire-Asia/ -- China TechFaith Wireless Communication Technology Limited (Nasdaq: CNTF) ("TechFaith" or the Company) today announced that its wholly-owned subsidiary, 798 Entertainment Limited, received the 2010 China Games Developer Award, one of the industry's most prom...
TechFaith Plans Big Push at GSMA Mobile World Congress
BEIJING, Nov. 29, 2010 /PRNewswire-Asia/ -- China TechFaith Wireless Communication Technology Limited (Nasdaq: CNTF) ("TechFaith" or the Company) today announced it would have an increased presence at the prominent industry event, the GSMA Mobile World Congress in Barcelona from 14-17 February 2011....
TechFaith 3Q10 Revenue Exceeds High-End of Prior Guidance
- 3Q10 Revenue Increases 30% to US$68.6 Million Compared to 3Q09 - 3Q10 Gross Margin of 24% Compared to 19% in 3Q09 BEIJING, Nov. 23, 2010 /PRNewswire-Asia/ -- China TechFaith Wireless Communication Technology Limited (Nasdaq: CNTF) ("TechFaith" or the Company) today announced its unaudited financ...
TechFaith to Expand Gaming Catalog with Launch of Martial Arts Title, Cang Hai
BEIJING, Nov. 2, 2010 /PRNewswire-Asia/ -- China TechFaith Wireless Communication Technology Limited (Nasdaq: CNTF) ("TechFaith") today announced it will expand its PC online gaming content catalog with the launch of its newest title Cang Hai. The launch of Cang Hai is planned for the China market ...
TechFaith Schedules 3Q 2010 Financial Results Conference Call for 8AM EST, November 23
BEIJING, Oct. 29 /PRNewswire-Asia/ -- 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...
TechFaith Launches New Motion Gaming Platform
BEIJING, China, Oct. 13 /PRNewswire-Asia/ -- China TechFaith Wireless Technology Limited (Nasdaq: CNTF) ("TechFaith") today announced the launch of a new motion gaming platform, 17Phone. The new platform will be launched under 17Wee Motion Game Corporation Limited, ("17Wee"), one of TechFaith's ...
TechFaith Management to Invest RMB 50 Million in Games Subsidiary
BEIJING, Oct. 5 /PRNewswire-Asia/ -- China TechFaith Wireless Communication Technology Limited (Nasdaq: CNTF) ("TechFaith") today announced that 132 TechFaith employees, including directors and senior managers (the "Investors"), will invest a total of RMB 50 million in the company's games subsidiar...
IDG Funds Exercise Conversion Rights
BEIJING, Sept. 27 /PRNewswire-Asia/ -- China TechFaith Wireless Technology Limited (Nasdaq: CNTF) ("TechFaith") today announced that IDG-Accel China Growth Fund II L.P. and IDG-Accel China Investors II L.P. (the "IDG Funds"), holders of US$10 million aggregate principal amount of 8% senior secured c...
TechFaith Accelerates Motion Game Efforts with the Launch of Motion Games Controller
BEIJING, Sept. 13 /PRNewswire-Asia/ -- Today China TechFaith Wireless Technology Limited (Nasdaq: CNTF) ("TechFaith") announced the acceleration of its motion game market efforts with the launch of a motion game controller through 17 Wee Motion Game Corporation Limited. ("17 Wee"), one of its indire...
TechFaith to Showcase Three New Models at Dubai Exposition
BEIJING, Sept. 7 /PRNewswire-Asia/ -- China TechFaith Wireless Communication Technology Limited (Nasdaq: CNTF) ("TechFaith" or the "Company") today announced that it will showcase three new mobile phone models at the popular GITEX Technology Week Exposition in Dubai from October 17 - 21, 2010. ...
