SHENZHEN – Nam Tai Electronics said it has signed a major customer contract for LCD modules.

No financial terms of the contract were disclosed.

The electronics manufacturer says this contract provides the potential to more than double Nam Tai’s annual sales revenue in 2012. 

However, customer order volumes will vary depending on end-equipment sales and other factors, the firm says. Nam Tai expects to receive firm orders under the contract soon, which will support high-volume production starting at the end of December, with shipments beginning in early January from the company's factory in Wuxi.

Discussions with a second major customer to produce LCD module subassemblies for smart phone applications at the company's Shenzhen site remain in progress. The parties currently plan high-volume production of the modules to begin about June of next year, but the company has not yet received firm orders.

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