China Techfaith Wireless Communication Technology Limited reported consolidated unaudited earnings results for the fourth quarter and full year ended December 31, 2011. For the quarter, the company reported total net revenues of $81,687,000 compared to $76,875,000 for the same period last year. Income from operations of $3,942,000 compared to $12,081,000 for the same period last year. Income before income taxes of $4,097,000 compared to $12,325,000 for the same period last year. Net income attributable to TechFaith of $2,685,000 compared to $8,854,000 or $0.01 diluted per share for the same period last year. Net revenue increase was due to increased sales volume in the branded mobile phone segment and higher revenue from the company's motion gaming business. For the full year, the company reported total net revenues of $323,800,000 compared to $271,877,000 for the same period last year. Income from operations of $38,093,000 compared to $36,037,000 for the same period last year. Income before income taxes of $39,229,000 compared to $38,116,000 for the same period last year. Net income attributable to TechFaith of $27,127,000 or $0.03 diluted per share compared to $27,840,000 or $0.03 diluted per share for the same period last year. The company currently expects total revenue for its ODP, branded and gaming businesses to be in the range of $41 million to $45 million in the first quarter of 2012. The anticipated decline from the fourth quarter of 2011 and recent revenue levels is driven primarily by the expected material impact of seasonality in the first quarter, combined with higher competition and expected lower overall demand for its ODP and branded mobile phone business.