VANCOUVER, CANADA -- December 12, 2005 -- Nam Tai Electronics, Inc. (“Nam Tai” or the “Company”) (NYSE Symbol: NTE) is pleased to announce that it has won a new order from a global cellular phone manufacturer, to manufacture new stereo portable handsfree accessory for its new 3G Walkman phones.
The stereo portable handsfree accessory is supplied with the new 3G Walkman phone, which integrates a high quality fully specified music player, phone and imaging device and is capable of fast downloads of all types of multimedia. With a remote control, the stereo portable handsfree allows the user to operate the Walkman player without removing it from their pocket.
“We are delighted to see the continuous diversification of our product line for cellular phones accessories,” said Mr. Joseph Li, Chief Executive Officer of Nam Tai. “With our commitment to quality products and customer service, we are able to continuously develop new products and expand our customer relationships.”
About Nam Tai Electronics, Inc.
We are an electronics manufacturing and design services provider to a select group of the world’s leading OEMs of telecommunications and consumer electronic products. Through our electronics manufacturing services operations, we manufacture electronic components and sub-assemblies, including LCD panels, LCD modules, RF modules, FPC sub-assemblies and image sensors modules. These components are used in numerous electronic products, including cellular phones, laptop computers, digital cameras, copiers, fax machines, electronic toys, handheld video game devices and microwave ovens. We also manufacture finished products, including cellular phones, palm-sized PCs, personal digital assistants, electronic dictionaries, calculators, digital camera accessories and BluetoothTM wireless headset accessory for use with cellular phones.
Nam Tai has two Hong Kong listed subsidiaries, Nam Tai Electronic & Electrical Products Limited (“NTEEP”) and J.I.C. Technology Company Limited (“JIC”). Interested investors may go to the website of The Stock Exchange of Hong Kong at www.hkex.com.hk to obtain the information. The stock codes of NTEEP and JIC in The Stock Exchange of Hong Kong are 2633 and 987, respectively. Investors are reminded to exercise caution when assessing such information and not to deal with the shares of the Company based solely upon reliance on such information.