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Re: steeledge post# 6555

Wednesday, 01/08/2014 10:06:30 AM

Wednesday, January 08, 2014 10:06:30 AM

Post# of 10144
okay, don't buy "yet" buy "after" good luck.



4. Intellectual Property : China Techfaith claims to own all the IP for motion gaming consoles in China. In addition, it has extensive cellular handset IP and is currently pursuing Samsung for IP infringement in the Chinese courts.

http://seekingalpha.com/article/1905281-4-stocks-to-double-in-2014-part-ii?source=yahoo


Catalysts to look forward to in 2014:

1. A favorable court ruling, or a favorable agreement with Samsung in its litigation will validate China Techfaith's IP claims and could result in a one off payment or royalty stream.

2. Gaming: Sony, Microsoft (MSFT) and Nintendo are all rumored to be gearing up to enter China with their gaming consoles after China recently relaxed it gaming laws. China Techfaith has on numerous conference calls boldly stated that it owns all the IP on motion gaming consoles in China and that it would pursue its IP claims when it presents itself - this could be the news that would see China Techfaith's stock open at its cash position ($5.05). In addition we could see new game releases, or announcements of partnerships with game makers.

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