Nam Tai Electronics (NTE) plummets 30% premarket after beating earnings estimates, but serving up an ugly outlook - threatening to shutter LCM production unless margins pick up. On a different note, the company attempts to monetize its potentially very valuable real estate assets with plans to redevelop a 530K square foot parcel of land encompassing its Shenzhen plant.
Nam Tai Electronics (NTE) plummets 30% premarket after beating earnings estimates, but serving...
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