China TechFaith posts jump in 4Q profit (AP)

[Mgtrben news]

AP - Chinese cell phone designer China TechFaith Wireless Communication Technology Ltd. said Monday it tripled its fourth-quarter profit, helped by a jump in revenue and a rise in value of derivative securities on its books.

Apple/Macintosh News (http://us.rd.**********/dailynews/rss/wireless/*http://news.**********/s/ap/20100315/ap_on_bi_ge/us_earns_china_techfaith)