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TechFaith's 17Vee to Launch New Motion Gaming System
DoNews, 12/07/11
Beijing-based game console manufacturer 17Vee, a subsidiary of mobile phone solutions provider and mobile and online game developer China TechFaith Wireless Communication Technology (Nasdaq: CNTF), has announced its new 17Fly motion gaming system. Read More
Rumor: Blizzard HQ Blames China Office for Leak
Sohu IT, 12/02/10
According to an industry source, Blizzard Headquarters has ordered a full investigation of an accidental release of confidential documents at online game developer and publisher Blizzard China, and is sufficiently impacted by the leak that it will consider changes to the China office staff. Read More
Kylin Seeks CFO
Tencent Tech, 10/23/10
Shang Jin, CEO of Beijing-based online game developer and operator Kylin Network Information Science and Technology, has announced that the company is actively seeking a CFO. Read More
TechFaith Q2 2010 Profit Up 62% YoY
TechFaith PR, 8/17/10
Mobile phone design house China TechFaith Wireless Communication Technology (Nasdaq: CNTF) has announced its unaudited financial results for the second quarter ended June 30, 2010, with net revenue of USD 65.5 mln (RMB 447.0 mln), a 7.6% increase compared to USD 60.9 mln (RMB 415.8 mln) in the first quarter of 2010 and a 31.5% increase compared to USD 49.8 mln (RMB 340.1 mln) in the second quarter of last year. Read More
TechFaith Records Q4 2009 Profit of USD 3 Mln
TechFaith Press Release, 3/16/10
Mobile phone design house China TechFaith Wireless Communication Technology (Nasdaq: CNTF) has announced its unaudited financial results for the fourth quarter and the full year ended December 31, 2009. Read More
TechFaith to Acquire QiGi
TechFaith PR, 8/17/09
Chinese mobile phone solutions provider TechFaith (Nasdaq: CNTF) has signed a non-binding letter of intent to acquire 100% of Beijing-based smartphone manufacturer Qigi Future Technology in a stock-plus-cash transaction valued at USD 12.5 mln, USD 0.5 mln of which is to be paid in cash, the rest of which is to be paid in over 65.93 mln ordinary shares of TechFaith (one publicly traded ADS is equal to 15 ordinary shares). Read More
Techfaith Subsidiary Purchases Freescale Division
Netease Tech, 8/11/09
Taiwan media has reported that semiconductor manufacturer Freescale announced the sale of its mobile chipset division to Jingxin Semiconductor, a subsidiary of Chinese mobile phone solutions provider TechFaith (Nasdaq: CNTF), at a low price of USD 50 mln. Read More
Update: Qiao Xing Group Acquires Freescale Division
21st Century Business Herald, 4/28/09
Wu Zhiyang, CEO of Chinese mobile handset vendor CEC Telecom (CECT), a subsidiary of Qiao Xing Mobile Communication (NYSE: QXM), has confirmed that Qiao Xing's de facto parent, Qiao Xing Group, is in negotiations for the acquisition of the mobile chipset business of Freescale Semiconductor. Read More
TechFaith to Launch Three MMORPGs
TechFaith Press Release, 3/26/09
Mobile handset design house China Techfaith Wireless Communication Technology (Nasdaq: CNTF) today announced that its subsidiary, One Net Entertainment Ltd., will launch three massively multiplayer online role-playing games (MMORPGs) in China. Read More
TechFaith, Qigi Cooperate on Smartphones
TechFaith Press Release, 1/26/09
Mobile phone design house China TechFaith Wireless Communication Technology (Nasdaq: CNTF) and Chinese smartphone manufacturer Qigi Future Technology have announced they will cooperate on the development of four new high-end customized smartphones for China Telecom (NYSE: CHA; 0728.HK) and China Unicom (NYSE: CHU; 0762.HK; 600050.SH) in Q2 2009. Read More
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