Nam Tai Electronics (NTE) was buried in April of 2013 after a quarterly report brought news that the company had halted production of flexible printed circuits and may stop producing liquid crystal display monitors (NYSE:LCM), the company's core product. These issues seem to be tied to customer order cancellations and changes, which is specifically scary for investors because Nam Tai relies on a small customer base for the majority of their orders.
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It seems that Nam Tai's core business, is actually a floundering business. The key customers seem to be in the process of migrating to other, lower-cost, options. More specifically, NTE's liquid crystal smartphone display is really all that is left, and it is...
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