UNITED STATES SECURITIES AND EXCHANGE COMMISSION

                             Washington, D.C. 20549


                                   Form 20-F/A
                                 Amendment No.1

[ ]     REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR (g) OF THE
        SECURITIES EXCHANGE ACT OF 1934


                                       or

[X]     ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE
        ACT OF 1934
        For the Fiscal Year Ended December 31, 2004


                                       or

[ ]     TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES
        EXCHANGE ACT OF 1934


                         Commission File Number: 0-16673

                            Nam Tai Electronics, Inc.
             (Exact name of registrant as specified in its charter)


                             British Virgin Islands
                 (Jurisdiction of incorporation or organization)

                                 116 Main Street
                                    3rd Floor
                               Road Town, Tortola
                             British Virgin Islands
                    (Address of principal executive offices)

 Securities registered or to be registered pursuant to Section 12(b) of the Act:
                    Common Shares, $0.01 par value per share

        Securities registered pursuant to Section 12(g) of the Act: NONE

 Securities for which there is a reporting obligation pursuant to Section 15(d)
                                of the Act: NONE

      As of December 31, 2004, there were 42,664,536 common shares of the
                             registrant outstanding.

     Indicate by check mark  whether the  registrant:  (i) has filed all reports
required to be filed by Section 13 or 15(d) of the  Securities  Exchange  Act of
1934  during  the  preceding  12 months  (or for such  shorter  period  that the
registrant was required to file such reports), and (ii) has been subject to such
filing requirements for the past 90 days. Yes [X] No [ ]

     Indicate by check mark which financial statement item the registrant has
elected to follow: Item 17. [ ] Item 18. [X]

<PAGE>



                                EXPLANATORY NOTE

     On March 15, 2005,  Nam Tai  Electronics,  Inc.  ("Nam Tai") filed with the
U.S.  Securities and Exchange  Commission its annual report on Form 20-F for the
fiscal year ended  December  31,  2004 (the "Form  20-F"),  which  inadvertently
included a draft  version of a consent  letter of  Deloitte  Touche  Tohmatsu in
Exhibit 23.1. This Amendment No. 1 (this  "Amendment") to the Form 20-F is being
filed by Nam Tai solely to file the final and  correct  version  of the  consent
letter of Deloitte Touche Tohmatsu.

     We  have no  further  changes  to the  previously  filed  Form  20-F.  This
Amendment  continues to speak as of the date of the original  filing of the Form
20-F and does not purport to amend,  update or restate  (other than as described
above) the  information contained  in the Form 20-F  filed on March 15,  2005 or
reflect any events that have occurred after the Form 20-F was filed.

Item 19. Exhibits filed with this Amendment No.1

Index to Exhibits filed with this Amendment

        23.1    Consent of Deloitte Touche Tohmatsu.



<PAGE>




                                   SIGNATURES

     Pursuant to the  requirements of Section 12 of the Securities  Exchange Act
of 1934, the registrant  hereby  certifies that it meets all of the requirements
for filing on Form 20-F and has duly caused and  authorized  the  undersigned to
sign this annual report on its behalf.

                                                NAM TAI ELECTRONICS, INC.


                                                By: /s/ Joseph Li
                                                    --------------------
                                                    Joseph Li
                                                    Chief Executive Officer


Date: August 18, 2005