China TechFaith (CNTF.O) Continues to Report Quarter over Quarter Growth
Where developing countries are concerned, it just makes economic sense to develop telecommunications systems that can actually reach people where they work and live. Often this means remote farming regions or in the steps of mountain ranges. Add a population base, in developing countries, of 100's of millions and cellular companies would need to work hard to make money. China TechFaith Inc., A mobile phone handset designer, has been experiencing high growth over the last two quarters. Generally, this growth can be attributed to the company's Smartphone and feature phone products which are essentially two phones in one. These products,…