China Techfaith Wireless Communication Technology Limited reported unaudited consolidated earnings results for the first quarter ended March 31, 2012. For the quarter, total net revenue was $42.676 million against $78.680 million a year ago. Income from operations was $1.246 million against $15.759 million a year ago. Income before income taxes was $1.692 million against $16.920 million a year ago. Net loss attributable to the company was $0.413 million or 0.00 basic and diluted per share against net income attributable to the company of $13.827 million or 0.02 basic and diluted per share a year ago. The revenue decline is primarily due to the material impact of seasonality, higher competition and lower demand levels for mobile phones in China. For the second quarter of 2012, the company excepts total revenue for the second quarter of 2012 to be in the range of $32.0 million to $36.0 million.