FORM 6-K
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
REPORT OF FOREIGN ISSUER
Pursuant to Rule 13a-16 or 15d-16 of the
Securities Exchange Act of 1934
For News Releases of:
October 10, 2002;
October 8, 2002;
October 7, 2002
NAM TAI ELECTRONICS, INC.
(Registrant's name in English)
15th Floor, China Merchants Tower, Shun Tak Centre
168-200 Connaught Road Central, Hong Kong
NEWS RELEASE
NAM TAI ELECTRONICS, INC.
REPRESENTED BY: PAN PACIFIC I.R. LTD.
SUITE 1790 - 999 WEST HASTINGS STREET
VANCOUVER, B.C. CANADA V6C 2W2
TEL: (604) 669-7800 FAX: (604) 669-7816
TOLL FREE TEL & FAX: 1-800-661-8831
E-MAIL: investor@namtai.com
WEB SITE: www.namtai.com
CONTACT: LORNE WALDMAN
NAM TAI ELECTRONICS, INC.
Software Development Subsidiary Namtek expands to Shanghai
VANCOUVER, CANADA October 10, 2002 -- Nam Tai Electronics, Inc. ("Nam Tai" or
the "Company") (NASDAQ/NM Symbol: NTAI and NTAIW; CBOE Symbol: QNA) announced
that its wholly owned subsidiary, Shenzhen Namtek Co., Ltd. ("Namtek") is
expanding and has established a new office in Shanghai, PRC. Namtek has leased
approximately 4,518 square feet of office space in Shanghai. Namtek has already
recruited a couple of engineers in Shanghai and intends to expand its
engineering team in Shanghai by recruiting more engineers locally. The new
office can accommodate up to 50 engineers. In addition to being a leading
commercial center in China, Shanghai is home to some of China's leading
Universities, which may enhance Namtek's ability to recruit more software
engineers to support the expansion of its business.
Namtek, founded in 1995 and based in Shenzhen, the southern part of China, is a
software application provider specialising in embedded software applications for
digital consumer electronics products, especially in the Japanese market. With
approximately 50 software engineers, Namtek's software development projects
include the design and development of software applications for electronic
organizers, health PDAs, mobile phones and electronic dictionaries.
Nam Tai Electronics, Inc. is an electronics design and manufacturing service
provider to original equipment manufacturers. Nam Tai manufactures
telecommunication products, palm-sized PCs, personal digital assistants,
linguistic products, calculators and various components including LCD modules
for mobile phones, transformers and LCD panels. The Company utilizes advanced
production technologies such as chip on board (COB), chip on glass (COG), chip
on film (COF), surface mount technology (SMT), ball grid array (BGA), tape
automated bonding (TAB), and outer lead bonding (OLB) technologies. Further
information is available on Nam Tai's web site at www.namtai.com.
Except for the historical information contained herein, matters discussed in
this press release are forward looking statements. For example, the statement
regarding expansion of Namtek's business is a forward looking statement. The
ability of Namtek to expand its business depends on many factors including the
ability to recruit and train software engineers in a timely manner, end-user
demand for the customers' products, and competitive pressures. Other factors
that might prevent the expansion of business include those discussed in the
Company's reports filed with the Securities and Exchange Commission from time to
time, such as the factors set forth in Item 3 "Key Information - Risk Factors"
in the Company's Annual Report on Form 20-F for the year ended December 31,
2001.
NEWS RELEASE
NAM TAI ELECTRONICS, INC.
REPRESENTED BY: PAN PACIFIC I.R. LTD.
SUITE 1790 - 999 WEST HASTINGS STREET
VANCOUVER, B.C. CANADA V6C 2W2
TEL: (604) 669-7800 FAX: (604) 669-7816
TOLL FREE TEL & FAX: 1-800-661-8831
E-MAIL: investor@namtai.com
WEB SITE: www.namtai.com
CONTACT: LORNE WALDMAN
NAM TAI ELECTRONICS, INC.
Begins New Business Manufacturing RF Modules for Mobile Phones
VANCOUVER, CANADA October 8, 2002 -- Nam Tai Electronics, Inc. ("Nam Tai" or the
"Company") (NASDAQ/NM Symbol: NTAI and NTAIW) announced that in addition to its
existing business of manufacturing LCD modules for mobile phones, Nam Tai has
received orders from a new customer to produce radio frequency, or RF, modules,
another key component for mobile phones. Nam Tai is setting up new production
lines for this new business temporarily in its existing factory. In order to
handle future orders, Nam Tai has reserved another two floors for clean room
facilities in its new factory building, which it expects will be completed soon.
"Nam Tai is pleased that it is being afforded the opportunity to advance its
manufacturing technology in order to produce RF modules. This new product
complements Nam Tai's production of LCD modules and expands Nam Tai's services
for OEM customers in the mobile phone market," commented Mr. Tadao Murakami, Nam
Tai's Chairman.
Nam Tai Electronics, Inc. is an electronics design and manufacturing service
provider to some of the world's leading original equipment manufacturers. Nam
Tai manufactures telecommunication products, palm-sized PCs, personal digital
assistants, linguistic products, calculators and various components including
LCD modules for cellular phones, transformers and LCD panels. The Company
utilizes advanced production technologies such as chip on board (COB), chip on
glass (COG), chip on film (COF), surface mount technology (SMT), ball grid array
(BGA), tape automated bonding (TAB), and outer lead bonding (OLB) technologies.
Further information is available on Nam Tai's web site at www.namtai.com.
Except for the historical information contained herein, matters discussed in
this press release are forward-looking statements. For example, the statements
regarding future orders and Nam Tai's completion of its new factory building
soon are forward looking statements that are subject to the actual receipt of
those orders and completion of its factory premises in a timely manner. Other
factors that might cause differences in these and the other forward looking
statements, include those discussed in the Company's reports filed with the
Securities and Exchange Commission from time to time, such as the factors set
forth in Item 3 "Key Information - Risk Factors" in the Company's Annual Report
on Form 20-F for the year ended December 31, 2001.
NEWS RELEASE
NAM TAI ELECTRONICS, INC.
REPRESENTED BY: PAN PACIFIC I.R. LTD.
SUITE 1790 - 999 WEST HASTINGS STREET
VANCOUVER, B.C. CANADA V6C 2W2
TEL: (604) 669-7800 FAX: (604) 669-7816
TOLL FREE TEL & FAX: 1-800-661-8831
E-MAIL: investor@namtai.com
WEB SITE: www.namtai.com
CONTACT: LORNE WALDMAN
NAM TAI ELECTRONICS, INC.
To Release Q3/02 Results on Monday, October 28, 2002
VANCOUVER, CANADA, October 7, 2002 -- Nam Tai Electronics, Inc. ("Nam Tai" or
the "Company") (NASDAQ/NM Symbol: NTAI and NTAIW; CBOE Symbol: QNA) today
announced it will release its unaudited third quarter results for the period
ended September 30, 2002 before the market opens on Monday, October 28, 2002.
The Company will hold a conference call on Monday, October 28, 2002 @ 10:00 a.m.
Eastern Time for analysts to discuss the third quarter results with management.
Analysts who wish to receive the toll free dial-in number for this conference
call are invited to contact the Investor Relations Office at 1-800-661-8831 no
later than 6:00 p.m. Eastern Time on Friday, October 25, 2002.
Shareholders, media, and interested investors are invited to listen to the live
conference call by dialing (612) 288-0337 or on the internet at
http://www.namtai.com/news/news.htm.
Nam Tai Electronics, Inc. is an electronics design and manufacturing service
provider to some of the world's leading original equipment manufacturers. Nam
Tai manufactures telecommunication products, palm-sized PCs, personal digital
assistants, linguistic products, calculators and various components including
LCD modules for cellular phones, transformers and LCD panels. The Company
utilises advanced production technologies such as chip on board (COB), chip on
glass (COG), chip on film (COF), surface mount technology (SMT), ball grid array
(BGA), tape automated bonding (TAB), and outer lead bonding (OLB) technologies.
Further information is available on Nam Tai's web site at www.namtai.com.
The Registrant hereby incorporates this Report on Form 6-K into its Registration
Statements on Form F-3 (Registration Nos. 333-36135 and 333-58468).
Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
Undersigned thereunto duly authorized.
For and on behalf of
Nam Tai Electronics, Inc.
/s/ MING KOWN KOO
-----------------------
MING KOWN KOO
CHIEF FINANCIAL OFFICER
Date: October 10, 2002