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:

                               February 14, 2003;
                               February 10, 2003


                            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: shareholder@namtai.com  WEB: www.namtai.com  CONTACT: LORNE WALDMAN

                           NAM TAI ELECTRONICS, INC.
                     2002 Sales Up 0.9% EPS $1.86 vs. $0.87
                     Q4 Sales Up 12.7% EPS $0.40 vs. $0.82

VANCOUVER,  CANADA -- February 14, 2003 -- Nam Tai Electronics,  Inc. ("Nam Tai"
or the "Company") (NYSE Symbol: NTE; CBOE Symbol: QNA) today announced unaudited
results for the fourth quarter ended December 31, 2002.

Net sales for the  fourth  quarter  of 2002 were a record of $75.6  million,  an
increase of 12.7%  compared to net sales of $67.1 million for the fourth quarter
of 2001. Operating income for the fourth quarter of 2002 was $3.6 million ($0.32
per share) a decrease of 41.7%  compared  to  operating  income of $6.2  million
($0.59  per share)  for the  fourth  quarter of 2001.  Net income for the fourth
quarter of 2002 decreased 48.2% to $4.5 million compared to $8.7 million for the
fourth  quarter of 2001.  Basic and  diluted  earnings  per share for the fourth
quarter  of 2002 were  $0.41 and $0.40,  respectively,  versus  $0.83 and $0.82,
respectively, for the fourth quarter of 2001.

Net sales for the twelve months ended December 31, 2002 increased 0.9% to $236.0
million from $234.0 million for the twelve months of 2001.  Operating income for
the twelve months of 2002  increased by 234%, to $17.1 million ($1.59 per share)
compared to operating  income of $5.1  million  ($0.49 per share) for the twelve
months of 2001. Net income for the twelve months of 2002 was $20.0  million,  an
increase of 121% compared to net income of $9.0 million for the twelve months of
2001.  Basic and diluted  earnings per share for the twelve  months of 2002 were
$1.89 and $1.86, respectively,  compared to $0.88 and $0.87,  respectively,  for
the twelve months of 2001.

The Company  continues to maintain a strong  financial  position,  with $6.86 of
cash per share and  $16.82 of net book  value  per  share,  based on  12,019,668
shares  outstanding  as at December  31, 2002.  The Company,  as at December 31,
2002, had a cash to current  liabilities ratio of 1.21, a current ratio of 2.29,
a total assets to total  liabilities  ratio of 3.88,  and  approximately  $82.48
million of cash on hand.

Supplementary Information (unaudited) for the Fourth Quarter of 2002

1.   Quarterly Sales Breakdown
     (In Thousands of US Dollars)


                                                         
- ---------------------------------------------------------------------------------
Quarter         2000       2001       2002       YoY (%)       YoY (%)     Notes
                                                            (Accumulated)
- ---------------------------------------------------------------------------------
1st Quarter     44,592     51,487     51,217     (0.5%)         (0.5%)
- ---------------------------------------------------------------------------------
2nd Quarter     50,540     55,882     52,311     (6.4%)         (3.6%)      (a)
- ---------------------------------------------------------------------------------
3rd Quarter     57,249     59,551     56,872     (4.5%)         (3.9%)      (a)
- ---------------------------------------------------------------------------------
4th Quarter     61,307     67,086     75,616     12.7%           0.9%       (a)
- ---------------------------------------------------------------------------------
Total          213,688    234,006    236,016      0.9%           0.9%       (a)
- ---------------------------------------------------------------------------------

     Note (a):  Sales of  battery  packs  for May and June  2001 were  $1,181K &
     1,648K  respectively  and  $6,425K  and  $7,919K  in the third  and  fourth
     quarters of 2001  respectively.  Upon  disposal  of BPC on April 30,  2002,
     revenue  from battery  packs was no longer  included in the total sales for
     the months of May and June 2002, and the third & fourth quarters of 2002.

2.   Net Sales Breakdown by Product Segment


                                                                      
- ---------------------------------------------------------------------------------------
                                                  2002                     2001
Segment                                 4th Quarter      YTD      4th Quarter      YTD
                                             (%)         (%)          (%)          (%)
- ---------------------------------------------------------------------------------------
Assembling:
- -        LCD Consumer Products               44%         40%          30%          31%
- -        Telecom. Components Assembly        42%         44%          56%          52%
Software Development Services                 1%          1%           1%           1%
- ---------------------------------------------------------------------------------------
Parts & Components :
- -        LCD Panels                           8%         10%           9%          11%
- -        Transformers                         5%          5%           4%           5%
- ---------------------------------------------------------------------------------------
                                            100%        100%         100%         100%
- ---------------------------------------------------------------------------------------

     Assembling  included  finished  goods and modules,  together  with Software
     Development  Services  collectively  termed as Consumer Electronic Products
     ("CEP"),  while parts and components  including LCD panels and transformers
     are termed ("LPT") for business segment classification.

3.   Average Selling Price (ASP)
     ASP for fourth  quarter of 2002 was 13.8% higher than third quarter of 2002
     and 0.7% lower than fourth quarter of 2001.

4.   Analytical Data (for the twelve months ended December 31, 2002)


                                                                 
                                                        12/2002        12/2001
- ------------------------------------------------------------------------------------
Debt Capacity
Total Debt / Capitalization                              8.11 %          8.21 %
Long-term Debt / Capitalization                          1.36 %          7.04 %
Total Debt / Equity                                      8.31 %          8.86 %
Net Debt / Equity                                           0 %             0 %
Long-term Debt / Equity                                  1.39 %          7.59 %
Total Liabilities / Equity                              35.06 %         32.36 %

Coverage
Net Interest Coverage                                 2732.41 %       5308.99 %
Total Debt / Earning before Interest and Tax (EBIT)     77.81 %        158.73 %
Interest Expense / Total Debt                            4.70 %          1.19 %
Short-term Debt Coverage                               154.35 %        441.59 %

Profitability
Return on Investment                                     8.64 %          4.37 %
Earning before Tax Margin                                8.81 %          3.96 %
Return on Sales                                          9.15 %          4.04 %
Earning before Tax / Total Assets                        7.56 %          4.13 %
Return (EBIT) on Capital                                16.64 %          8.69 %
SG&A Expense / Revenue                                   7.76 %          9.39 %

Cash Flow
Funds from Operations / Total Debt                     235.17 %        154.90 %
Funds from Operations / Net Interest                  5000.25 %      13053.37 %

Turnover
Receivable Turnover                                       4.6 Times       5.6 Times
Inventory Turnover                                       10.3 Times      17.1 Times


Fourth Quarter Results Analyst Conference Call

The Company will hold a conference  call on Tuesday,  February 18, 2003 at 10:00
a.m.  Eastern  Time for  analysts to discuss  the fourth  quarter  results  with
management.  Shareholders, media, and interested investors are invited to listen
to   the   live    conference    call   over   the    Internet   by   going   to
http://www.namtai.com/news/news.htm  and clicking on the conference call link or
over the phone by dialing  (612)  288-0318  just prior to its start time.  Users
will be asked to register with the conference call operator.

Increase in Dividends

The Company  announced that for the tenth  consecutive year it is increasing its
dividend.  The annual dividend will increase to $0.60 per share for 2003 up from
$0.48 per share in 2002.  The Company will pay  quarterly  dividend of $0.15 per
share  commencing with the first quarter  dividend to be paid on or before April
21, 2003 to shareholders of record at the close of business on March 31, 2003.

Dividends

On January 21, 2003 the Company paid a quarterly  dividend of $0.12 per share to
shareholders  of record at the close of business on December 31, 2002. A special
dividend of $1.00 per common share was paid on December 6, 2002 to  shareholders
of record at the close of business on November 29, 2002.

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,  wireless communication  terminals and their modules,  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  at
www.namtai.com.

Except for the historical  information  contained  herein,  matters discussed in
this press release are forward-looking  statements.  For example,  the Company's
statements  regarding  recovery  of  Tele-Art  Inc.  debt is a  forward  looking
statement  that is  dependant on many  factors  including  the outcome of future
litigation  and the  performance  of Nam Tai's share price.  Other  factors that
might  cause  differences  in these and the other  forward  looking  statements,
include,  but are not limited to, 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.


NAM TAI ELECTRONICS, INC.
CONSOLIDATED STATEMENTS OF INCOME (Unaudited)
FOR THE PERIODS ENDED DECEMBER 31, 2002 AND 2001
(In Thousands of US Dollars except per share data)


                                                                           
                                                          Three months ended   Twelve months ended
                                                              December 31          December 31
                                                  Note      2002     2001        2002       2001
- ------------------------------------------------ ------- --------- ---------  ---------- ----------

Net sales                                                $75,616   $67,086    $236,016   $234,006
Cost of sales                                             65,442    55,294     197,956    203,974
                                                         --------- ---------  ---------- ----------

Gross profit                                              10,174    11,792      38,060     30,032

Costs and expenses
  Selling, general and administrative expenses      A      5,481     4,907      17,983     21,974
  Research and development expenses                          741       688       2,686      2,954
  Impairment of goodwill                                     339         -         339          -
                                                         --------- ---------  ---------- ----------
                                                           6,561     5,595      21,008     24,928

                                                         --------- ---------  ---------- ----------
Income from operations                                     3,613     6,197      17,052      5,104

Gain on disposal of Land                                       -         -           -         18
Interest income                                              241       213         799      1,195
Other (loss) income - net                           B     (8,476)    1,473      (7,632)     1,318
Equity in income of affiliated companies            C      8,637     1,099      10,741      1,867
                                                         --------- ---------  ---------- ----------

Income before income taxes and minority interest           4,015     8,982      20,960      9,502
Income taxes benefit (expense)                               442      (111)       (773)      (227)
                                                         --------- ---------  ---------- ----------
Income before minority interest                            4,457     8,871      20,187      9,275
Minority interest                                             29      (206)       (164)      (230)
                                                         --------- ---------  ---------- ----------
Net income                                               $ 4,486   $ 8,665    $ 20,023   $  9,045
                                                         ========= =========  ========== ==========

Net income per share
  Basic                                                  $  0.41   $  0.83    $   1.89   $   0.88
                                                         ========= =========  ========== ==========
  Diluted                                                $  0.40   $  0.82    $   1.86   $   0.87
                                                         ========= =========  ========== ==========

Weighted average number of shares (`000')
  Basic                                                   11,058    10,470      10,571     10,274
  Diluted                                                 11,209    10,571      10,736     10,393


Notes to Consolidated Statements of Income for the fourth quarter of 2002:

A     G&A Expenses
      Includes  one-time  charges in respect of loss on disposal of fixed assets
      amounting to $0.8 million.

B     Other (Loss) Income - net
      Partial disposal of subsidiaries
      In the  fourth  quarter  of 2002 the  Company  disposed  $1.5  million  of
      goodwill  attributable  to a  minority  interest  in its  subsidiary  JIC,
      resulting  from JIC's June 2002  listing on the Hong Kong Stock  Exchange,
      and charged that amount to Other (Loss) Income.

      Provision for Legal Contingencies

      A provision of $5.2 million for legal contingencies was made following the
      delivery of a January  21,  2003  judgment by the High Court of Justice of
      the British Virgin Islands in relation to the liquidation of Tele-Art Inc.
      Previously,  on  August  9,  2002,  the High  Court of  Justice  awarded a
      judgment in Nam Tai's favor against  Tele-Art Inc. for  approximately  $34
      million.  Pursuant to the January  21,  2003  judgment,  the High Court of
      Justice  declared that  redemption  and set off of dividends by Nam Tai of
      138,500  shares  owned by Tele-Art  Inc be set aside and that all Tele-Art
      Inc.  property  withheld  by Nam Tai be handed  over to  Tele-Art  Inc. in
      liquidation,  noting that the Nam Tai claim was  subordinate  to that of a
      secured  creditor.  On February 4, 2003 Nam Tai filed an application for a
      stay of execution and leave to appeal the  decision.  Nam Tai believes the
      decision was reached in error and intends to vigorously  pursue its rights
      so as to recover the maximum amount of the outstanding  debt from Tele-Art
      Inc.

C     Equity in income of affiliated companies
      During the fourth  quarter of 2002,  Mate Fair Group Limited  (originally,
      the Company held 25% in Mate Fair Group Limited) disposed 13.8% out of its
      18%  shareholding  in  Huizhou  TCL  Mobile  Communication  Limited.  Upon
      completion  of the  transaction,  Nam Tai's  interest  in Mate Fair  Group
      Limited  increased to 72.22% and Mate Fair Group Limited  distributed  its
      profit to the shareholders with Nam Tai receiving $10.4 million,  of which
      $8.6 million was  recorded as equity  income and $0.4 million for goodwill
      release in the fourth quarter of 2002, whilst $1.4 million was recorded as
      equity income in prior periods until May, 2002 when the Company  ceased to
      adopt equity  accounting  as a result of the  shareholding  in Huizhou TCL
      Mobile Communication Limited by Mate Fair Group Limited being diluted from
      20% to 18%.


NAM TAI ELECTRONICS, INC.
CONSOLIDATED BALANCE SHEETS
AS AT DECEMBER 31, 2002 AND DECEMBER 31, 2001
(In Thousands of US Dollars)


                                                                
                                                            Unaudited    Audited
                                                           December 31 December 31
                                                               2002       2001
- ---------------------------------------------------------- ----------- ----------
ASSETS
Current assets:
   Cash and cash equivalents                                $  82,477  $  58,676
   Marketable securities                                            -      9,505
   Accounts receivable, net                                    50,944     41,968
   Inventories                                                 19,200     11,892
   Prepaid expenses and deposits                                1,867      2,377
   Income taxes recoverable                                       855      1,353
                                                            ---------- ----------
          Total current assets                                155,343    125,771

Investments in affiliated companies                                 -      3,921

Investment in debt security                                     5,128          -

Long-term investment                                           15,982          -

Property, plant and equipment, at cost                        116,582    105,536
Less: accumulated depreciation and amortization               (40,668)   (35,122)
                                                            ---------- ----------
                                                               75,914     70,414
Intangible assets - net                                        21,308     23,060
Other assets                                                    1,411      1,407
                                                            ---------- ----------
          Total assets                                      $ 275,086  $ 224,573
                                                            ========== ==========

LIABILITIES AND SHAREHOLDERS' EQUITY Current liabilities:
   Notes payable                                            $     985  $   1,547
   Long-term bank loan - current portion                       13,985      2,140
   Accounts payable                                            38,714     27,929
   Accrued expenses                                            12,609      6,329
   Amount due to a related party                                    -      2,733
   Dividend payable                                             1,442      1,023
   Income taxes payable                                           200         88
                                                            ---------- ----------
          Total current liabilities                            67,935     41,789

Long-term bank loan - non-current portion                       2,812     12,860
Deferred income taxes                                             112        151
                                                            ---------- ----------
          Total liabilities                                    70,859     54,800

Minority interest                                               2,099        422

Shareholders' equity:
   Common shares                                                  120        104
   Additional paid-in capital                                 147,828    111,368
   Retained earnings                                           54,182     57,864
   Accumulated other comprehensive income (Note 1)                 (2)        15
                                                            ---------- ----------
          Total shareholders' equity                          202,128    169,351

          Total liabilities and shareholders' equity        $ 275,086  $ 224,573
                                                            ========== ==========



NAM TAI ELECTRONICS, INC.
CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED)
FOR THE PERIODS ENDED DECEMBER 31, 2002 AND 2001
(In Thousands of US Dollars)


                                                                             
                                                             Three months ended Twelve months ended
                                                                 December 31        December 31
                                                                2002     2001     2002      2001
- ------------------------------------------------------------ --------- -------- --------- ---------
CASH FLOWS FROM OPERATING ACTIVITIES
Net income                                                   $  4,486  $ 8,665  $ 20,023  $  9,045
Adjustments  to reconcile  net income to net cash  provided
by operating activities:
   Depreciation and amortization                                2,747    3,013    10,629    12,273
   Impairment of goodwill                                         339        -       339         -
   Loss on disposal of property, plant and                        772      245       977       378
     equipment
   Loss on disposal of other assets                                21        -        21         -
   Dividend withheld                                                -        -      (394)        -
   Share redemption                                                 -        -    (3,125)        -
   Gain on disposal of intangible assets                            -        -       (60)        -
   Unrealised gain on marketable securities                         -   (2,005)        -    (1,568)
   Gain on disposal of a subsidiary                                 -        -       (17)        -
   Loss on partial disposal of subsidiaries                     1,483        -     2,655         -
   Equity in loss (income) of affiliated companies              1,787   (1,099)     (285)   (1,867)
     less dividend received and amortisation of
     goodwill
   Loss on partial disposal of investment in                       51        -       520         -
     affiliated companies
   Deferred income taxes                                          (39)     117       (39)      117
   Minority interest                                              (29)     206       164       230
Changes in current assets and  liabilities,  net of effects
of acquisitions and disposals:
   Decrease in marketable securities                                -        -     9,505         -
   (Increase) decrease in accounts receivable                 (11,508)     670    (8,531)   (4,378)
   (Increase) decrease in inventories                          (2,301)   5,408    (7,625)   15,302
   (Increase) decrease in prepaid expenses and                    (42)   3,224       496      (620)
     deposits
   Decrease (increase) in income taxes recoverable                730     (189)      498       689
   Increase (decrease) in notes payable                           667    1,525      (562)       48
   Increase (decrease) in accounts payable and                 14,243   (4,353)   16,967    (6,062)
     accrued expenses
   (Decrease) increase in amount due to a related                   -   (1,311)   (2,766)        2
     party
   (Decrease) increase in income taxes payable                   (540)     (95)      112      (354)
                                                             --------- -------- --------- ---------
         Total adjustments                                      8,381    5,356    19,479    14,190
                                                             --------- -------- --------- ---------
Net cash provided by operating activities                    $ 12,867  $14,021  $ 39,502  $ 23,235
                                                             --------- -------- --------- ---------

CASH FLOWS FROM INVESTING ACTIVITIES
   Acquisition of long-term investment                       $      -  $     -  $(11,968) $      -
   Acquisition of investment in debt security                  (5,128)       -    (5,128)        -
   Purchase of property, plant and equipment                   (1,450)  (8,338)  (18,485)  (36,013)
   Acquisition of subsidiaries                                      1        -      (436)      (85)
   Cash inflow on disposal of a subsidiary                          -        -       854         -
   Proceeds from disposal of intangible assets                      -        -       800         -
   Proceeds from disposal of property, plant and                  460      415       628       698
     equipment
   Increase in other assets                                       (25)     (38)      (25)      (38)
                                                             --------- -------- --------- ---------
   Net cash used in investing
     activities                                              $ (6,142) $(7,961) $(33,760) $(35,438)
                                                             --------- -------- --------- ---------

CASH FLOWS FROM FINANCING ACTIVITIES
   Share buy-back program                                    $      -  $(1,461) $ (3,528) $ (3,353)
   Dividends paid                                             (13,112)  (1,032)  (16,654)   (3,947)
   Repayment of bank loan                                        (817)       -    (2,703)        -
   Repayment of short term debt                                     -        -         -       (24)
   Proceeds from shares issued on exercise of                  32,159        1    36,470     4,307
     options and warrants
   Proceeds from bank loan                                          -   15,000     4,500    15,000
                                                             --------- -------- --------- ---------
Net cash provided by financing activities                    $ 18,230  $12,508  $ 18,085  $ 11,983
                                                             --------- -------- --------- ---------

Foreign currency translation adjustments                            -        -       (26)        -
                                                             --------- -------- --------- ---------
Net increase (decrease) in cash and cash                       24,955   18,568    23,801      (220)
equivalents
                                                             --------- -------- --------- ---------
Cash and cash equivalents at beginning of period               57,522   40,108    58,676    58,896
                                                             --------- -------- --------- ---------
Cash and cash equivalents at end of period                   $ 82,477  $58,676  $ 82,477  $ 58,676
                                                             ========= ======== ========= =========



NAM TAI ELECTRONICS, INC.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Unaudited)
FOR THE PERIODS ENDED DECEMBER 31, 2002 AND 2001
(In Thousands of US Dollars)

1.   Accumulated  other   comprehensive   income  represents   foreign  currency
     translation  adjustments.  The  comprehensive  income  of the  Company  was
     $20,006  and $9,065 for the  twelve  months  ended  December  31,  2002 and
     December 31, 2001, respectively.

2.   Business  segment  information  - The  Company  operates  primarily  in two
     segments,  the consumer  electronic  products  ("CEP")  segment and the LCD
     panels and transformers ("LPT") segment.


                                                                    
                                           Three months ended          Twelve months ended
                                              December 31                  December 31
                                          2002          2001           2002          2001
- ------------------------------------ ------------- -------------  -------------- -------------
Net SALES:
   - CEP                             $     66,040  $     58,319   $    200,755   $    198,048
   - LPT                                    9,576         8,767         35,261         35,958
                                     ------------- -------------  -------------- -------------

         Total net sales             $     75,616  $     67,086   $    236,016   $    234,006
                                     ============= =============  ============== =============

NET Income (loss) from OPERATIONS:
   - CEP                             $      4,986  $      7,874   $     20,214   $      6,133
   - LPT                                     (500)          791           (191)         2,912
                                     ------------- -------------  -------------- -------------

         Total net income            $      4,486  $      8,665   $     20,023   $      9,045
                                     ============= =============  ============== =============

                                                                    Unaudited       Audited
                                                                  Dec. 31, 2002  Dec. 31, 2001
- ----------------------------------------------------------------  -------------- -------------
Identifiable assets by SEGMENT:
   - CEP                                                          $     225,754  $    188,262
   - LPT                                                                 49,332        36,311
                                                                  ============== =============
         Total assets                                             $     275,086  $    224,573
                                                                  ============== =============


3.   A summary of the net sales, income from operations  and identifiable assets
     by geographic areas is as follows:


                                                          
                                                Three months ended         Twelve months ended
                                                    December 31                 December 31
                                                 2002        2001            2002          2001
- -------------------------------------------- ------------ -----------  -------------- -------------
Net sales from operations within:
   - Hong Kong:
       Unaffiliated customers                $  74,670    $ 57,583     $    223,709   $    206,902
       Inter-companies sales                        53           -              979              -

   - PRC, excluding Hong Kong:
       Affiliated customers                          -       7,919            7,849         21,072
       Unaffiliated customers                      946       1,584            4,458          6,032
       Inter-companies sales                    62,981      45,791          179,411        160,503

   - Inter-companies eliminations              (63,034)    (45,791)        (180,390)      (160,503)
                                             ------------ -----------  -------------- -------------

         Total net sales                     $  75,616    $ 67,086     $    236,016   $    234,006
                                             ============ ===========  ============== =============

NET Income (loss) from operations within:
   - PRC, excluding Hong Kong                $   6,664    $  5,017     $     17,930   $      4,848
   - Hong Kong                                  (2,178)      3,648            2,093          4,197
                                             ------------ -----------  -------------- -------------

         Total net income                    $   4,486    $  8,665     $     20,023   $      9,045
                                             ============ ===========  ============== =============


                                                                           As at          As at
                                                                        Dec 31, 2002  Dec 31, 2001
- -------------------------------------------- ------------ -----------  -------------- -------------
Identifiable assets by geographic area:
   - PRC, excluding Hong Kong                                          $     88,942   $     60,866
   - Hong Kong                                                              186,144        163,707
                                                                       -------------- -------------
         Total assets                                                  $    275,086   $    224,573
                                                                       ============== =============



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: www.namtai.com  CONTACT: LORNE WALDMAN

                           NAM TAI ELECTRONICS, INC.
      Begins New Business Manufacturing TFT LCD Modules for Mobile Phones

VANCOUVER, CANADA -- February 10, 2003 -- Nam Tai Electronics,  Inc., ("Nam Tai"
or the "Company")  (NYSE Symbol:  NTE; CBOE Symbol:  QNA) today announced it has
received  new orders  from a major  Japanese  manufacturer  to  produce  TFT LCD
modules and advanced high resolution LCD modules for mobile phones.

TFT LCD modules are the most advanced LCD modules used in today's mobile phones.
Compared with STN LCD modules,  TFT LCD modules have a higher resolution and are
used in high-end  mobile  phones with camera  and/or  video  functions.  TFT LCD
modules  can produce 65K color  image  quality  while STN LCD modules  generally
produce 4096 color image quality at most.

"Mobile phones with color displays and multi-media  functions are the new global
trend.  We generally  expect that the demand for  innovative  and  sophisticated
components for mobile phones will grow  significantly in the future. In order to
keep pace with the fast moving mobile phone  industry,  Nam Tai will continue to
upgrade its  technology to  strengthen  its  competitive  position in the mobile
phone  components  manufacturing  industry,"  commented Mr. Tadao Murakami,  Nam
Tai's  Chairman.  "In  addition,  Nam  Tai is very  pleased  to be  granted  the
opportunity  of  manufacturing  TFT LCD  modules,  one of the most  advanced LCD
modules.  This new  business,  not only  diversifies  our  product  lines of LCD
modules for mobile  phones,  it also  enhances our services for OEM customers in
the mobile phone  marketplace.  With our extensive  experience in  manufacturing
high quality and sophisticated mobile phone components, we strongly believe that
Nam Tai will benefit from the  business  opportunities  arising from the rapidly
growing mobile phone industry."

Fourth Quarter Results and Analyst Conference Call

Nam Tai will release its unaudited  fourth quarter  results for the period ended
December 31, 2002 and its planned  decision for the 2003 dividend  amount at the
close of the  market on Friday,  February  14,  2003.  The  Company  will hold a
conference  call on Tuesday,  February  18, 2003 at 10:00 a.m.  Eastern Time for
analysts to discuss the fourth quarter results with management.

Analysts who wish to  participate  on this  conference  call should  contact the
Investor Relations Office at 1-800-661-8831 no later than 6:00 p.m. Eastern Time
on Friday,  February  14,  2003 to  register  and obtain the  toll-free  dial-in
number.  Shareholders,  media, and interested investors are invited to listen to
the    live    conference    call    over    the    Internet    by    going   to
http://www.namtai.com/news/news.htm  and clicking on the conference call link or
over the phone by dialing  612-288-0318 just prior to its start time. Users will
be asked to register with the conference call operator.

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,  wireless communication  terminals and their modules,  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
website at www.namtai.com.

Except for the historical  information  contained  herein,  matters discussed in
this press release are forward-looking  statements. For example, the expectation
that the demand for  innovative and  sophisticated  components for mobile phones
will grow  significantly is a forward looking  statement that is subject to many
uncertain  factors  including  end-user  acceptance,  development  of  new  user
applications,   competition   for   new   or   alternative   technologies,   and
macro-economic factors. Whether the Company can benefit from this growing demand
is also uncertain and dependant on its ability to attract and retain  customers,
ability to adopt new technologies in a timely manner, and competitiveness within
the industry.  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.



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:  February 18, 2003