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Nam Tai Electronics, Inc. Message Board

  • gnrlowners gnrlowners Jan 28, 2013 9:32 AM Flag

    Highlights from the conference call...

    Nam Tai is going to enter the Ultrabook LCM business making 13.3" screens. This is fairly similar to the large tablet screens so they will be able to modify existing product lines to produce them. Ultrabook LCMs will be about 15% of their production.

    They are expecting gross margins to be in the range of 7% this year.

    Nam Tai is still ramping capacity and expect to be going pretty much full blast by the end of this year.

    Head count will increase from about 7,000 now to 10,000 by year end.

    The transition to the new facility in Shenzhen will take about 3 years. At that time they will sell the current facility, which is now quite a valuable asset with the rezoning.

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NTE
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