TechFaith (CNTF) JV Launches New Social Media Platform in China (QCOM)

June 15, 2011 8:23 AM EDT
TechFaith Wireless Technology Limited (Nasdaq: CNTF) though its subsidiary, TechFaith Software China Limited, it will launch a new mobile social media solution in China called "17Talk", along with "17Store."

17Talk is an innovative social media solution based on a user's friends stored as contacts in his or her mobile phonebook.

TechFaith Software China Limited is a joint venture with Qualcomm (Nasdaq: QCOM).


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