China Techfaith Wireless Comm. Tech. Ltd (NASDAQ:CNTF)
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The Company is a handset design and software solution providers based in China.
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The Company is a handset design and software solution providers based in China.
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("TechFaith" or the "Company") today announced today that it has received approval from the Shenyang Government for the acquisition of approximately 11.5 acres in Shenyang City's Shenbei New District. TechFaith's new facility will include integrated R&D, sales and distribution. The land contract is valued at approximately RMB 14.4 million