China TechFaith (CNTF) Authorizes $10M Buyback

September 29, 2008 9:39 AM EDT

China TechFaith Wireless Communication Technology Limited (NASDAQ: CNTF) today announced that its Board has authorized the repurchase of up to $10 million worth of its outstanding ADSs.

China Techfaith Wireless Communication Technology Limited operates as a handset design and software solutions provider in the People's Republic of China.


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