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Profile: China Techfaith Wireless Communication Technology Ltd (CNTF.OQ)

CNTF.OQ on NASDAQ Stock Exchange Global Select Market

17 May 2019
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China Techfaith Wireless Communication Technology Limited, incorporated on June 25, 2004, is a developer, owner and operator of commercial real estate properties across China, as well as China-based mobile solutions provider for the global mobile handsets market. The Company's segments include Mobile phone business and Real estate business. The Company focuses on the original design and development of specialized mobile handsets under its customer's brands and its own brands for consumers and enterprises, and the sales of finished products to its local and international customers.

Mobile phone business

The Company provides primary types of products to its customers, including feature phones, smart phones, wireless modules and data cards, other components, such as printed circuit board assemblies, as well as wireless software and applications. The Company provides supervisory and technical support to electronic manufacturing services (EMS) providers. Its EMS providers engage in assembly and manufacturing operations and offer testing services of the assembled printed circuit boards, systems and subsystems. The Company offers Mobile Handset Design Services based on Existing Platforms to design a new model of mobile handset based on its existing design platform. The Company's Successor Model Design Services allows designing a successor model of an existing customer's mobile handset previously designed by it to incorporate additional functions and/or industrial design. Its Mobile Handset Design Services Based on New Platforms allows designing a new model of mobile handset based on a new design platform specified by the customer.

Real estate business

The Company buys office building and acquires land use. The Company acquires land use right, finance real estate deals, build projects, create, imagine, control and orchestrate the process of development from the beginning to end. The Company's activities range from construction, renovation and re-lease of existing buildings to purchase of raw land and the sale of existing buildings.

The Company competes with Sim Technology Group Limited, BYD Electronics Limited, Longcheer Holdings Limited, Seal Technologies Limited, Apple, Samsung, ZTE, Huawei, Lenovo, Xiaomi, Wanda Group, Capital Land, R&F Properties and Soho China.

Company Address

China Techfaith Wireless Communication Technology Ltd

MFOX Plaza, Tower D Kechuang 12t
Beijing Eco Tech Dev Area (Yi Zh
BEIJING   BEJ   100176
P: +8610.58228888
F: +8610.58228100

Company Web Links