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 for 8:00 a.m. U.S. Eastern Time on Tuesday, November 23, 2010 as part of its ongoing efforts to reach an even broader base of investors and analysts as TechFaith continues to execute on its growth and business strategies.

The dial-in number for the live audio call, which will begin on Tuesday, November 23, 2010 at 8:00 a.m. U.S. Eastern Time (9:00 p.m. Tuesday, November 23, 2010 in Beijing), is +1-857-350-1671. The conference call passcode is 50236591. A live webcast of the conference call will also be available on TechFaith's website at http://www.techfaithwireless.com .

A replay of the call will be available approximately 2 hours after the conclusion of the live call through 10:00 a.m. U.S. Eastern Time on November 30, 2010, (11:00 p.m., November 30, 2010 in Beijing) by telephone at +1-617- 801-6888. To access the replay, use passcode 40022705. A webcast replay will also be available at http://www.techfaithwireless.com .

About TechFaith

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

    -- TechFaith engages in the development and production of mid- 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 combinations, 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
       http://www.techfaithwireless.com .

    -- TechFaith is aiming to become a branded mobile phone specialist for
       differentiated market segments in the 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 brand names for girls and teenagers, under the
       TechFace brand name to target the market of outdoor sports enthusiasts.

    -- TechFaith is targeting both the mobile and online PC gaming markets
       through its websites http://www.798uu.com and http://www.798game.com
       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.

    For more information, please contact:

    In China:
     Jay Ji
     China Techfaith Wireless Communication Technology Limited
     Tel: 86-10-5822-8390
     [email protected]


    In the U.S.:
     David Pasquale
     Global IR Partners
     Tel: +1-914-337-8801
     [email protected]

SOURCE China Techfaith Wireless Communication Technology Limited

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