| (Values in U.S. Thousands) | Dec, 2017 | Dec, 2016 | Dec, 2015 | Dec, 2014 | Dec, 2013 |
| Sales | 46,810 | 60,960 | 64,610 | 96,660 | 119,500 |
| Sales Growth | -23.21% | -5.65% | -33.16% | -19.11% | -13.19% |
| Net Income | -9,330 | 10,130 | -12,810 | -15,060 | -2,970 |
| Net Income Growth | -192.10% | +179.08% | +14.94% | -407.07% | -61.41% |
China Techfaith Wire (CNTF)
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China Techfaith Wireless Communication Technology Limited was incorporated on June 25, 2004 under the Companies Law of the Cayman Islands. It is a China-based original developed product provider focused on the original design and development of handsets and sales of finished products to its local and international customers. Its business comprised the following three areas: ODP business; Brand name phone sales; and Game business. The most of revenue of the company comes from the ODP business. It provides complete handset design services spanning the entire handset design cycle, which involves industrial design, hardware design, component selection and sourcing, prototype testing, pilot production and production support. The Company designs mobile handsets based on major technology platforms including GSM/GPRS, CDMA1X, CDMA EVDO, WCDMA/UMTS, HSDPA, and TD-SCDMA. The Company's strong technological capabilities, high-quality design capabilities, strong customer relationships, strategic relationships with its technology providers and ample skilled, low-cost engineering resources enable it to deliver its services and products at competitive costs and with relatively shorter product cycles when compared to its competitors. The Company's PC online games are large-scale MMORPG games which are free for consumers to sign up and play but charge for the purchase of tools and weapons used in the games. The Company sells and markets its product sales and mobile handset design services through a sales force in China and direct marketing efforts. Its customers include Chinese mobile handset brand owners and international mobile handset brand owners. Its competitors are Sim Technology Group Limited, BYD Electronics Limited, and Longcheer Holdings Limited, who compete with its product sales business by offering their own production services to brand name owners. In the game business, the Company faces competition from bigger players such as Tencent Games, The9 Limited, Shanghai Shenda Company Limited, among others.