An electronics manufacturing and design services provider to a select group of the OEMs of telecommunications and consumer electronic products.
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How do you say cheap cell phone in chinese? Answer: NamTai. The company, NamTai, is also pretty cheap at about 1.5 times tangible book value and under 6 (PE) times earnings. Why so cheap? Everyone is worried about competition and that's reasonable, it'll always be there with this company. BUT, for the last 6 years revenue and income has been increasing and the company has always been profitable. Turns out NamTai is a homonym in Chinese, which also means 'beating the market make happy investor'