Gemtek (TSE:4906) December sales revenue is reported at NT$ 2.211 Billion, registering 30% YoY growth, which marks still strong sales as the second highest in history. Gemtek exits Q4 with consolidated quarterly record high sales of NT$ 6.732 Billion. Consolidated annual sales is at NT$ 21.426 Billion, which represents a 21% YoY growth. Consolidating sales revenue NT$ 2137 Million is contributed from Gemtek Technology in Taiwan while the other NT$ 74 Million contributed from Gemtek’s China manufacturing factories. The consolidation of financial statements had deducted the internal transactions between Taiwan and Mainland China operations.

Products shipped to telco customers continue to grow steadily. As we have now just entered 2011, we are confident that the growth momentum from telco products will carry on, especially when we have high visibility into new products and new customers.

Year 2009 (‘000) Year 2010 (‘000) YoY % Revenue in Decembr NT$ 1,701,882 NT$ 2,210,649 Up 29.89% Cumulative Sales Revenue from January to December NT$ 17,718,976 NT$ 21,426,205 Up 20.92% * Numbers are rounded

Gemtek (TSE:4906) November sales revenue is reported at NT$ 2.313 billion, registering 59.1% YoY growth, hence hits the forth consecutive record high. Consolidating sales revenue NT$ 2217 Million is contributed from Gemtek Technology in Taiwan while the other NT$ 97 Million contributed from Gemtek’s China manufacturing factories. The consolidation of financial statements had deducted the internal transactions between Taiwan and Mainland China operations.

Products shipped to telco customers continue to grow. Rev. and profitability will very likely be up from Q3. Q4 sales rev. might hit historical high. Looking into 2011, momentum from telco markets will carry on. This is especially visible as we see NPI and new customer-add in 2011.

Year 2009 (‘000) Year 2010 (‘000) YoY % Revenue in November NT$ 1,454,357 NT$ 2,313,953 Up 59.10% Cumulative Sales Revenue from January to October NT$ 16,017,094 NT$ 19,215,556 Up 19.97% * Numbers are rounded

Gemtek (TSE:4906) October sales revenue is reported at NT$ 2.207 billion, registering 53.8% YoY growth, hence hits the third consecutive record high. Consolidating sales revenue NT$ 2146 Million is contributed from Gemtek Technology in Taiwan while the other NT$ 610 Million contributed from Gemtek’s China manufacturing factories. The consolidation of financial statements had deducted the internal transactions between Taiwan and Mainland China operations.

3G Femtocell, WiMAX, and IPSTB shipments continued being strong in this quarter. Thanks to better product mix, total sales revenue and profit will likely improve from that of 3rd quarter. These growth drivers in telecom markets will still show their momentum in 2011, especially when we expect to have NPI and to add new customers next year.

Year 2009 (‘000) Year 2010 (‘000) YoY % Revenue in October NT$ 1,434,611 NT$ 2,207,070 Up 53.84% Cumulative Sales Revenue from January to October NT$ 14,562,737 NT$ 16,901,603 Up 16.06% * Numbers are rounded

Gemtek (TSE:4906) September sales revenue is reported at NT$ 2.153 billion, registering 78.9% YoY growth , hence hits record high consecutively. Consolidating sales revenue NT$ 2051 Million is contributed from Gemtek Technology in Taiwan while the other NT$ 103 Million contributed from Gemtek’s China manufacturing factories. The consolidation of financial statements had deducted the internal transactions between Taiwan and Mainland China operations. Accumulated 3Q sales revenue is NT$ 6.148, indicating a 35% QoQ and 58.8% YoY growth, which leads to a record high quarter

Gemtek has been aggressively engaging in telco equipment businesses since the aftermath of financial crisis. Synergies emerge in 2H ’10 to reflect devotions in R&D, sales resource, and new customer basis expansion. Benefitting from expected volume ramp-up of WiMAX, WiFi and telco integrated products, it is likely to see sales revenue and profit expanding aggressively.

Year 2009 (‘000) Year 2010 (‘000) YoY % Revenue in September NT$ 1,204,265 NT$ 2,153,882 Up 78.86% Cumulative Sales Revenue from January to September NT$ 13,128,126 NT$ 14,694,533 Up 11.293% * Numbers are rounded

Gemtek (TSE:4906) August sales revenue is reported at NT$ 2.096 billion, registering a 80.4% YoY growth and 10.4% MoM, hence hitting reccord high. Consolidating sales revenue NT$ 2009 Million is contributed from Gemtek Technology in Taiwan while the other NT$ 87 Million contributed from Gemtek’s China manufacturing factories.  The consolidation of financial statements had deducted the internal transactions between Taiwan and Mainland China operations.

Gemtek has been aggressively engaging in telco equipment businesses since the aftermath of financial crisis. Synergies are to emerge in 2H ’10 to reflect devotions in R&D, sales resource, and new customer basis expansion. Benefitting from expected volume ramp-up of WiMAX, WiFi and telco integrated products, it is likely to see sales revenue and profit expanding aggressively.

Year 2009 (‘000) Year 2010 (‘000) YoY % Revenue in August NT$ 1,162,032 NT$ 2,095,621 Up 80.34% Cumulative Sales Revenue from January to August NT$ 11,923,861 NT$ 12,540,651 Up 5.2% * Numbers are rounded

Gemtek (TSE:4906) July sales revenue is reported at NT$ 1.898 billion, registering a 26.1% YoY growth and 17.5% MoM, and hitting 19-month high. Consolidating sales revenue NT$ 1837 Million is contributed from Gemtek Technology in Taiwan while the other NT$ 61 Million contributed from Gemtek’s China manufacturing factories. The consolidation of financial statements had deducted the internal transactions between Taiwan and Mainland China operations.

Gemtek has been aggressively engaging in telco equipment businesses since the aftermath of financial crisis. Synergies are to emerge in 2H ’10 to reflect devotions in R&D, sales resource, and new customer basis expansion. Benefitting from expected volume ramp-up of WiMAX, WiFi and telco integrated products, it is likely to see sales revenue and profit expanding aggressively.

Year 2009 (‘000) Year 2010 (‘000) YoY % Revenue in July NT$ 1,505,231 NT$ 1,898,256 Up 26.1% Cumulative Sales Revenue from January to July NT$ 10,761,829 NT$ 10,445,039 Down 2.9% * Numbers are rounded

Gemtek (TSE:4906) June sales revenue is reported at NT$ 1.616 billion. Consolidating sales revenue NT$ 1516 Million is contributed from Gemtek Technology in Taiwan while the other NT$ 100 Million contributed from Gemtek’s China manufacturing factories. The consolidation of financial statements had deducted the internal transactions between Taiwan and Mainland China operations.

Components constraints scenario eased in June, which contributed to a mild 4% MoM and 6% YoY. Gemtek exits 2Q with NT$4.477 Billion and a 10% QoQ. Gemtek’s order outlook in 2H is strong and solid. Company expects to see sales grow since 3Q, mainly driven by integrated products, such as IPSTB and femtocell, and WiMAX, shipped to telco customers and the introduction of new products. It is likely see stronger sequential growth in 2H.

 

Year 2009 (‘000) Year 2010 (‘000) YoY % Revenue in June NT$ 1,526,356 NT$ 1,615,860 Up 6% Cumulative Sales Revenue from January to June NT$ 9,256,598 NT$ 8,546,783 Down 7.7% * Numbers are rounded

Gemtek (TSE:4906) May sales revenue is reported at NT$ 1.552 billion. Consolidating sales revenue NT$ 1457 Million is contributed from Gemtek Technology in Taiwan while the other NT$ 95 Million contributed from Gemtek’s China manufacturing factories.  The consolidation of financial statements had deducted the internal transactions between Taiwan and Mainland China operations.

 

Year 2009 (‘000) Year 2010 (‘000) YoY % Revenue in May NT$ 1,551,849 NT$ 1,552,845 Flat Cumulative Sales Revenue from January to May NT$ 7,730,242 NT$ 6,930,923 Down 10% * Numbers are rounded

Gemtek (TSE:4906) March sales revenue is reported at NT$ 1.309 billion. Consolidating sales revenue NT$ 1229 Million is contributed from Gemtek Technology in Taiwan while the other NT$ 80 Million contributed from Gemtek’s China manufacturing factories.  The consolidation of financial statements had deducted the internal transactions between Taiwan and Mainland China operations.

The MoM decline resulted from component constraints by which integrated products were impacted. These orders will be delayed in delivery. Gemtek’s order outlook in 2Q remains strong even though component shortage remains a concern. However, it is likely that the tightness will gradually ease in the following months.  Contributed by the recovery of deployment tempo of telco customers, chances are that Gemtek’s sales revenue will register sequential growth since 2Q.

 

Year 2009 (‘000) Year 2010 (‘000) YoY % Revenue in April NT$ 1,501,151 NT$ 1,308,782 Down 12.8% Cumulative Sales Revenue from January to April NT$ 6,178,393 NT$ 5,378,078 Down 13% * Numbers are rounded

Gemtek (TSE:4906) March sales revenue is reported at NT$ 1.561 billion and MoM registered a 41.3% growth, which brings Q1 total revenue to NT$ 4.069 billion. Consolidating sales revenue NT$ 1491 Million contributed from Gemtek Technology in Taiwan while the other NT$ 70 Million is contributed from Gemtek’s China manufacturing factories.  The consolidation of financial statements had deducted the internal transactions between Taiwan and Mainland China operations.

Contributed by the recovery of deployment tempo of telco customers, WiMAX and IPSTB shipment momentum is gradually picking up. Some new products will go into shipment starting Q2. It is likely to see Gemtek’s sales revenue to register sequential growth since Q2.

 

Year 2009 (‘000) Year 2010 (‘000) YoY % Revenue in March NT$ 1,599,659 NT$ 1,560,958 Down 2.4% Cumulative Sales Revenue from January to March NT$ 4,677,242 NT$ 4,069,296 Down 13% * Numbers are rounded

Gemtek (TSE:4906) Februray sales revenue is reported at NT$ 1.105 billion. Consolidating sales revenue NT$ 1046 Million contributed from Gemtek Technology in Taiwan while the other NT$ 59 Million is contributed from Gemtek’s China manufacturing factories.  The consolidation of financial statements had deducted the internal transactions between Taiwan and Mainland China operations.

The 21% MoM decline mainly resulted from fewer working days during Chinese New Year and labor and component shortage. However, since labor and component tightness has gradually been easing, March sales revenue is expected to go back to a normal level. While telecom customers recover from global recession and return to its deployment tempo, it is likely that Gemtek would enjoy significant revenue growth contributed by telecom market since Q2.

 

Year 2009 (‘000) Year 2010 (‘000) YoY % Revenue in February NT$ 1,559,227 NT$ 1,104,555 Down 29.16% Cumulative Sales Revenue from January to February NT$ 3,077,583 NT$ 2,508,338 Down 18.5% * Numbers are rounded

Gemtek (TSE:4906) December sales revenue is reported at NT$ 1.404 billion. Consolidating sales revenue NT$ 1324 Million contributed from Gemtek Technology in Taiwan while the other NT$ 80 Million is contributed from Gemtek’s China manufacturing factories.  The consolidation of financial statements had deducted the internal transactions between Taiwan and Mainland China operations.

 

Year 2009 (‘000) Year 2010 (‘000) YoY % Revenue in January NT$ 1,518,356 NT$ 1,403,783 Down 7.5% Cumulative Sales Revenue from January to January NT$ 1,518,356 NT$ 1,403,783 Down 7.5% * Numbers are rounded