BEIJING,--(MARKET WIRE)--Oct 28, 2008 -- China TechFaith Wireless Communication Technology Limited (NasdaqGM:CNTF - News), an original developed product provider focused on the research and development of cell phone solutions, and QIGI, a Chinese Smartphone brand, today announced their cooperation agreement to market smartphones in China. Under the terms of the agreement, TechFaith will be the sole provider of smartphone solution products to QIGI and the smartphones will be sold under QIGI's brand name and through its sales channels in China.

Defu Dong, Chairman and Chief Executive Officer of TechFaith, said, "This strategic alliance with QIGI further solidifies our position in the highly competitive Chinese mobile phone market. QIGI's valued brand name and strong sales force will help us promote our advanced product portfolio and swiftly bring them to market."

Enhai Xu, President of QIGI, said, "We are very excited about this collaboration. TechFaith is a leader in smartphone solution technology and displays numerous competitive advantages in their smartphone portfolio. It is a great opportunity for us and we are confident that this collaboration will be successful."

About TechFaith

TechFaith is an original developed product provider focused on research and development of cell phone solutions. Based in China, TechFaith employs approximately 700 professionals, of whom approximately 90% are engineers. TechFaith engages in the development and production of middle to high end handsets and tailor made handsets. TechFaith's original developed products include: (1) multimedia phones and dual mode dual card handsets of multiple wireless technology combination such as GSM/GSM, GSM/CDMA, GSM/WCDMA, GSM/TD-SCDMA and UMTS/CDMA; (2) Window based smartphone and Pocket PC phone; and (3) handsets with interactive online gaming and professional game terminals with phone functionality.

With the capability of developing MMI/UI software on 2G/2.5G(GSM/GPRS, CDMA1X), 3G(EV-DO, WCDMA/UMTS, TD-SCDMA) and 3.5G(HSDPA) communication technologies, TechFaith is able to provide MMI/UI software packages that fulfill the specifications of handset brand owners and carriers in the global market. For more information, please visit www.techfaithwireless.com.

About QIGI

QIGI Future Technology Co., Ltd. (Beijing) is focused on the development, production and sale of the Windows smartphones, aiming to create an international mobile phone brand. Armed with the most advanced technology for mobile phones, the company is committed to developing new technologies, new functions and new types of smartphones. The company aims to create a well-known, highly reliable, high-value mobile phone brand. By introducing high-quality and fashionable products and services to the world, the company intends to make QIGI into one of the most valuable mobile phone brands in China. QIGI also provides advanced cards and GSM+CDMA products, tailored operation products, customized products, and service to the public security system, banks, and government departments.

Safe Harbor Statement

This announcement contains forward-looking statements. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates," "confident" and similar statements. Among other things, the business outlook and strategic and operational plans of TechFaith contain forward-looking statements. TechFaith may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission on Forms 20-F and 6-K, etc., in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about TechFaith's beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of important factors could cause actual results to differ materially from those contained in any forward-looking statement. Potential risks and uncertainties include, but are not limited to, TechFaith's limited operating history, TechFaith's ability to retain existing or attract additional domestic and international customers, TechFaith's earnings or margin declines, failure to compete against new and existing competitors, mobile handset brand owners' discontinuation or reduction of the use of independent design houses, and other risks outlined in TechFaith's filings with the U.S. Securities and Exchange Commission, including its annual report on Form 20-F. TechFaith does not undertake any obligation to update any forward-looking statement, except as required under applicable law.

     For further information, please contact:
      
     For Techfaith
      
     In China:
     Jay Ji
     China Techfaith Wireless Communication Technology Limited
     Tel: + 86-10-5822-7390
     Email: Email Contact
      
     In the U.S.:
     Joseph Villalta
     The Ruth Group
     Tel: + 1 646-536-7003
     Email: Email Contact
      
     For QIGI
      
     In China:
     Ma Yinge
     QIGI Future Technology Co., Ltd. (Beijing)
     Tel: +86-10-6223-8225 ext. 8805
     Email: Email Contact