CES 2018 ALERT: TechFaith to Have Expanded Presence
BEIJING, Nov. 27, 2017 /PRNewswire/ -- China TechFaith Wireless Technology Limited (NASDAQ:CNTF) ("TechFaith" or the "Company") today announced it will have an expanded presence at CES 2018 Las Vegas from January 9 to 12, 2018. CES is the world's gathering place for all who thrive on the business of consumer technologies. It has served as the proving ground for innovators and breakthrough technologies for 50 years. TechFaith will be located in the Las Vegas Convention and World Trade Center South Plaza at Booth Number 63306.
Deyou Dong, Chief Executive Officer of TechFaith, said, "CES is always a great opportunity for TechFaith to get in front customers seeking innovative, tailored mobile solutions. Higher computing power, smaller form factors and greater portability make smartphones indispensable in the enterprise environments we focus on worldwide. Innovative wireless devices are essential in facilitating efficient and productive interactions with intelligent electronic devices in our daily lives. TechFaith stands out from other mobile developers given our focus and outstanding track record of partnering with companies seeking to leverage unique, industry specific solutions and applications. We plan to showcase a much broader suite of 4G LTE smartphones and mobile solutions at CES 2018 from our mobile business. We also expect to see continued high interest in our ruggedized models, which are always popular given proprietary functions like our anti-explosion model and outdoor services features. Based on market feedback, we will also be featuring several other exciting models, including our satellite phone."
TechFaith plans to feature a full line-up of ruggedized, 4G LTE consumer smartphones, with screen sizes ranging from 4.5 to 7 inches. All models are IP68 and MIL-810-STD certified, with many of the models designed with the MTK Octa Core platform, the latest version of the Android operating system and greater memory capacity (3GRAM+32ROM).
For TechFaith's ruggedized enterprise smartphones, the Company will showcase the extensive capabilities of its ODP business and line-up of new enterprise customized smartphone models. These include mobile solutions that feature industrial functions such as anti-explosion, and Satellite phone capabilities.
About CES 2018
CES, formerly The International Consumer Electronics Show (International CES®), showcases more than 3,900 exhibiting companies, including manufacturers, developers and suppliers of consumer technology hardware, content, technology delivery systems and more; a conference program with more than 300 conference sessions and more than 170K attendees from 150 countries. Because it is owned and produced by the Consumer Technology Association (CTA)™ - the technology trade association representing the $292 billion U.S. consumer technology industry - it attracts the world's business leaders and pioneering thinkers to a forum where the industry's most relevant issues are addressed. Find out more about the thought leaders who come to CES by checking out the http://www.ces.tech/Home.aspx.
About TechFaith
TechFaith (NASDAQ: CNTF) is a developer, owner and operator of commercial real estate properties across China as well as a China-based mobile solutions provider for the global mobile handsets market. TechFaith continues to maintain a team of professional engineers focused on the development of ruggedized smart devices for both its consumer and enterprise segments, although it started investing in the construction of buildings and facilities in 2009 as part of its growth and business diversification strategy, gradually shifting away from its traditional focus on the mobile solutions and handset markets. The Company currently focuses on developing office space that can serve as anchor bases in areas with developing economies, as it meets the needs of both established businesses and innovative start-up companies in China. For more information, please visit www.techfaithwireless.com.
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, among others, and 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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