TechFaith Reports 1Q2011 Revenue Increases 29% Compared to 1Q2010; Gross Margin Improves to 32%; Net Income up 94% Compared to 1Q2010

the continued success in our sales of higher margin products to our ODP customers, growth in our branded mobile phone business and growth in our gaming business. Continued success in our brand name phone sales business was led by strong demand from...