Exhibit 4.8
 CHINA TECHFAITH WIRELESS COMMUNICATION TECHNOLOGY LIMITED
CODE OF BUSINESS CONDUCT AND ETHICS
 Purpose
 Code Company
  
    
    honest and ethical conduct, including the ethical handling of actual or apparent conflicts
of interest between personal and professional relationships;
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    full, fair, accurate, timely, and understandable disclosure of reports and documents that
the Company will file with, or submit to, the U.S. Securities and Exchange Commission (the
SEC) and in other public communications made by the Company;
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    compliance with applicable governmental laws, rules and regulations;
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    prompt internal reporting of violations of the Code; and
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    accountability for adherence to the Code.
 Applicability
 employee employees senior officer senior officers
 Board
  Conflicts of Interest
Identifying Conflicts of Interest
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    Competing Business; No employee may be concurrently employed by a business that competes
with the Company or deprives it of any business.
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    Corporate Opportunity; No employee should use corporate property, information or his or her
position with the Company to secure a business opportunity that would otherwise be
available to the Company. If you discover a business opportunity that is in the Companys line
of business, through the use of the Companys property, information or position, you must first
present the business opportunity to the Company before pursuing the opportunity in your
individual capacity.




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    Financial Interests.
 (i)
    
    No employee may have any financial interest (ownership or otherwise), either directly
or indirectly through a spouse or other family member, in any business entity, if such
financial interest adversely affects the employees performance of duties or
responsibilities to the Company, or requires the employee to devote certain time during
such employees working hours at the Company;(ii)
    
    No employee may hold any ownership interest in a privately held company that is in
competition with the Company;(iii)
    
    An employee may hold up to but no more than 5% ownership interest in a publicly
(traded company that is in competition with the Company;(v)
    
    No employee may hold any ownership interest in a company that has a business
relationship with the Company if such employees duties at the Company include managing or
supervising the Companys business relations with that company. If an employees ownership
interest in a business entity described in clause (iii) above increases to more than 5%,
the employee must immediately report such ownership to the Compliance Officer.
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    Loans or Other Financial Transactions. No employee may obtain loans or guarantees of
personal obligations from, or enter into any other personal financial transaction with, any
company that is a material customer, supplier or competitor of the Company. This guideline
does not prohibit arms-length transactions with recognized banks or other financial
institutions.
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    Service on Boards and Committees; No employee should serve on a board of directors or
trustees or on a committee of any entity (whether profit or non-profit) whose interests
reasonably could be expected to conflict with those of the Company. Employees must obtain
prior approval from the Board before accepting any such board or committee position. The
Company may revisit its approval of any such position at any time to determine whether service
in such position is still appropriate.
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    Is it legal?
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    Is it honest and fair?
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    Is it in the best interests of the Company?
 Disclosure of Conflicts of Interest




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Family Members and Work
  family members members of your family
 Gifts and Entertainment
    Protection and Use of Company Assets
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    Exercise reasonable care to prevent theft, damage or misuse of Company property;
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    Promptly report the actual or suspected theft, damage or misuse of Company property;
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    Safeguard all electronic programs, data, communications and written materials from
inadvertent access by others; and
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    Use Company property only for legitimate business purposes.




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Fair business practices
 Protection and Use of the third party (including but not limited to the customer, supplier etc)
Intellectual Property (IP)
        Intellectual Property and Confidentiality
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    All inventions, creative works, computer software, and technical or trade secrets developed
by an employee in the course of performing the employees duties or primarily through the use
of the Companys materials and technical resources while working at the Company, shall be the
property of the Company.
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    The Company maintains a strict confidentiality policy. During an employees term of
employment, the employee shall comply with any and all written or unwritten rules and policies
concerning confidentiality and shall fulfill the duties and responsibilities concerning
confidentiality applicable to the employee.
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    In addition to fulfilling the responsibilities associated with his position in the Company,
an employee shall not, without first obtaining approval from the Company, disclose, announce
or publish trade secrets or other confidential business information of the Company, nor shall
an employee use such confidential information outside the course of his duties to the Company.
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    Even outside the work environment, an employee must maintain vigilance and refrain from
disclosing important information regarding the Company or its business, customers or
employees.
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    An employees duty of confidentiality with respect to the confidential information of the
Company survives the termination of such employees employment with the Company for any
reason, until such time as the Company discloses such information publicly or the information
otherwise becomes available in the public sphere through no fault of the employee.
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    Upon termination of employment, or at such time as the Company requests, an employee must
return to the Company all of its property without exception, including all forms of medium
containing confidential information, and may not retain duplicate materials.




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Accuracy of Financial Reports and Other Public Communications
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    Financial results that seem inconsistent with the performance of the underlying business;
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    Transactions that do not seem to have an obvious business purpose; and
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    Requests to circumvent ordinary review and approval procedures.
  Company Records
   Compliance with Laws and Regulations




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Violations of the Code
      Waivers of the Code
  Conclusion




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CERTIFICATION OF COMPLIANCE
  
     Name: