China Techfaith Wireless Comm. Tech. Ltd(NASDAQ:CNTF) to sell in Russia

Dallas, Texas 01/17/2014 (FINANCIALSTRENDS) – China Techfaith Wireless Comm. Tech. Ltd (NASDAQ:CNTF) has recently announced that it will ship tablet phone sets, Android- based JPAD, to Russia as well as South African market segments. This is expected to be as early as Feb 2014. The company reported that the range would be its latest selection of.

JPAD – the rugged use Android

China Techfaith Wireless Comm. Tech. Ltd(NASDAQ:CNTF) has since been working on the development and making of a tablet sized handphone but will sport rugged features. The model will have a Quad Core and will be compatible with WCDMA as well as GSM. Certifications under which it will operate will include IP68 as well as MIL-S810G. The JPAD will have display screen real estate of 7-inches and will sport a sturdy LCD display panel. The additional feature here is the Gorilla Glass which will be a second generation product. The JPAD will include double sim card and longer than standard battery life. It is expected to be in the region of 6000mah.

China Techfaith Wireless Comm. Tech. Ltd(NASDAQ:CNTF) as  component manufacturer, designer and innovator has a market capital of $105,87million and volume of 235,066. The stock has a trading high of $2.25 and 52 week low of $0.95. EPS is recorded at -0.06.

China Techfaith Wireless Comm. Tech. Ltd(NASDAQ:CNTF) is a china-based Telecom service provider with high level of expertise in the Wireless and Telecom verticals. The company operates through holding company and is involved in end-to-end product development and design of hand phones as well as gaming businesses.

Symbol        Alert        High        Gain

 

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  IMLFF        $0.11       $0.57      400%

  CMXC        $0.25       $0.45      80%

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