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                                                                    EXHIBIT 14.1

                            NAM TAI ELECTRONICS, INC.

                                 CODE OF ETHICS
                FOR CHIEF EXECUTIVE AND SENIOR FINANCIAL OFFICERS

Nam Tai Electronics, Inc, is committed to conducting its business in accordance
with applicable laws, rules and regulations and the highest standards of
business ethics and to full and accurate financial disclosure in compliance with
applicable law. This Code of Ethics, applicable to the Company's Chairman, Chief
Executive Officer, President, Chief Financial Officer and Chief Accounting
Officer (or persons performing similar functions including financial controllers
and treasurers), and those persons listed each year in the Company's Annual
Report on Form 20-F as an officer of a subsidiary of the Company (together,
"SENIOR OFFICERS"), sets forth specific policies to guide you in the performance
of your duties.

As a Senior Officer, you must not only comply with applicable law. You also have
a responsibility to conduct yourself in an honest and ethical manner; and you
have leadership responsibilities that include creating a culture of high ethical
standards and commitment to compliance, maintaining a work environment that
encourages employees to raise concerns, and promptly addressing employee
compliance concerns.

This Code of Ethics is intended to supplement any code of business conduct and
ethics that may be adopted by the Company, if so adopted. You will also be bound
by the requirements and standards set forth in any such code of business conduct
and ethics, if adopted, as well as those set forth in this Code of Ethics and
other applicable policies and procedures.

COMPLIANCE WITH LAWS, RULES AND REGULATIONS

You are required to comply with the laws, rules and regulations that govern the
conduct of our business and to report any suspected violations in accordance
with the section below entitled "Compliance with Code of Ethics."

CONFLICTS OF INTEREST

A conflict of interest occurs when your private interests interfere in any way,
or even appear to interfere, with the interests of the Company. Your obligation
to conduct the Company's business in an honest and ethical manner includes the
ethical handling of actual or apparent conflicts of interest between personal
and business relationships.

Before making any investment, accepting any position or benefits, participating
in any transaction or business arrangement or otherwise acting in a manner that
creates or appears to create a conflict of interest, you must make full
disclosure of all facts and circumstances to, and obtain the written approval
of, the Chair of the Audit Committee of the Board of Directors, or if the Chair
of the Audit Committee is not available within a reasonable period of time, then
any member of the Audit Committee.

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DISCLOSURES

It is Company policy to make full, fair, accurate, timely and understandable
disclosure in compliance with all applicable laws and regulations in all reports
and documents that the Company files with, or submits to, the Securities and
Exchange Commission and in all other public communications made by the Company.
As a Senior Officer, you are required to promote compliance policy by all
employees and to abide by Company standards, policies and procedures designed to
promote compliance with this policy.

COMPLIANCE WITH THE CODE OF ETHICS

If you know of or suspect a violation of applicable laws, rules or regulations
or this Code of Ethics, you must immediately report that information to any
member of the Audit Committee of the Board of Directors. No one will be subject
to retaliation because of a good faith report of a suspected violation.

Violations of this Code of Ethics may result in disciplinary action, up to and
including discharge, The Audit Committee of the Board of Directors shall
determine, or shall designate appropriate persons to determine, appropriate
action in response to violations of this Code.

WAIVERS OF THE CODE OF ETHICS

If you would like to seek a waiver of the Code of Ethics you must make full
disclosure of your particular circumstances to the Chairman of the Audit
Committee of the Board of Directors.

NO RIGHTS CREATED

This Code of Ethics is a statement of certain fundamental principles, policies
and procedures that govern the Company's Senior Officers in the conduct of Nam
Tai's business, It is not intended to and does not create any rights in any
employee, customer, supplier, competitor, shareholder or any other person or
entity.

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