China TechFaith Wireless Communication Technology Limited

China TechFaith Wireless Communication Technology Limited

CNTFY
China TechFaith Wireless Communication Technology LimitedUS flagOther OTC
0.00
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-0.02
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1.27MMarket Cap
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Capital Structure

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Working Capital

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Growth Rates

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Quarterly Revenue

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Quarterly Earnings Per Share

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Quarterly Dividends Per Share

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Company Description

APIChat
CEO
Deyou Dong
Full Time Employees
115
Sector
Technology
Industry
Communication Equipment
Address
MFOX Plaza Tower D Beijing People's Republic of China 100176
IPO Date
May 6, 2005
Business
China TechFaith Wireless Communication Technology Limited engages primarily in the original design and development of specialized mobile handsets and wireless communication products for consumer and enterprise markets. Its core products and services include feature phones, smart phones, ruggedized phones, smart pads, wireless modules, wireless software and applications, and other electronic components such as industrial wireless devices. The company operates through its Mobile Phone Business segment which provides handset design, outsourcing through EMS providers for assembly and manufacturing, and testing services for assembled printed circuit boards, systems, and subsystems. It sells mobile handset products under the Tecface, 17FOX, and MOBIFOX brands. Additionally, the company owns, develops, operates, and manages commercial real estate properties primarily in China, supporting its diversification strategy. Founded in 2002 and headquartered in Beijing, China TechFaith operates mainly in the People's Republic of China as well as international markets. The company has multiple wholly owned subsidiaries including Techfaith Wireless Communication Technology (Beijing), Techfaith Wireless Communication Technology (Hangzhou), and Techfaith Wireless Communication Technology (Shanghai), among others, supporting its operations in handset design, manufacturing, and technology development. In recent years, China TechFaith has focused on expanding its product offerings to include more 4G and 5G capable devices to meet evolving market demand. The company continues to evolve from primarily a handset designer and EMS outsourcer to a brand owner with proprietary products under various brand names. It has also been investing in boosting its manufacturing capacity and research and development capabilities. Operationally, the company has shifted towards integrating mobile handset design, brand management, and game development into a comprehensive mobile phone business. It has also pursued asset diversification by leasing and selling constructed commercial real estate properties to generate additional revenue streams. These strategic transformations aim to sustain competitiveness amid intense industry competition and technological shifts. China TechFaith is positioned within the wireless communication technology and consumer electronics industry, targeting telecommunications service providers, mobile handset brand owners, wholesale distributors, enterprise customers, and general consumers. The company leverages original design manufacturing (ODM) expertise combined with proprietary brand development to serve its markets. Overall, China TechFaith Wireless Communication Technology Limited offers a diversified portfolio of telecommunications products, integrated hardware and software solutions, and real estate assets, pursuing continuous product innovation and strategic business expansions in the competitive mobile handset and wireless technology sectors. Its latest changes emphasize increased product range toward advanced mobile technologies, expanded brand presence, and diversification of revenue sources through real estate management.