Gemtek (TSE:4906) Apr. sales revenue is reported at NT$ 2.291 Billion Consolidating sales revenue NT$ 2110 Million is contributed from Gemtek Technology in Taiwan while the other NT$ 180 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 in 2012 is largely benefited from 4G deployments and 3G offloading demands among carriers worldwide, and given that new products begin to ramp up in 2Q, it is likely to be a strong quarter

Year 2011 (‘000) Year 2012 (‘000) YoY % Revenue in September NT$ 2,468,297 NT$ 2,290,553 Down 7.20% Cumulative Sales Revenue YTD NT$ 8,673,156 NT$ 8,313,370 Down  4.15% * Numbers are rounded

Gemtek (TSE:4906) Mar. sales revenue is reported at NT$ 2.372 Billion, exiting Q1 with NT$ 6.023 Billion. Mar. sales is up 18.19% MoM. Consolidating sales revenue NT$ 2112 Million is contributed from Gemtek Technology in Taiwan while the other NT$ 260 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 2011 (‘000) Year 2012 (‘000) YoY % Revenue in September NT$ 2,487,811 NT$ 2,372,025 Up 4.65% Cumulative Sales Revenue YTD NT$ 6,204,859 NT$ 6,022,817 Down 3.26% * Numbers are rounded

Gemtek (TSE:4906) Feb. sales revenue is reported at NT$ 2.007 Billion, up 17.08% YoY. Consolidating sales
revenue NT$ 1740 Million is contributed from Gemtek Technology in Taiwan while the other NT$ 267 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 2011 (‘000) Year 2012 (‘000) YoY % Revenue in September NT$ 1,714,194 NT$ 2,006,912 Up 17.08% Cumulative Sales Revenue YTD NT$ 3,717,048 NT$ 3,650,792 Down 1.78% * Numbers are rounded

Gemtek (TSE:4906) Jan. sales revenue is reported at NT$ 1.644 Billion. Consolidating sales revenue NT$ 1292
Million is contributed from Gemtek Technology in Taiwan while the other NT$ 352 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 decline was due to seasonality and fewer
working days in January because of Chinese New Year holidays.

Year 2011 (‘000) Year 2012 (‘000) YoY % Revenue in September NT$ 2,002,854 NT$ 1,643,880 Down 17.92% Cumulative Sales Revenue YTD NT$ 2,002,854 NT$ 1,643,880 Down 17.92% * Numbers are rounded

Gemtek (TSE:4906) Jan. sales revenue is reported at NT$ 1.644 Billion. Consolidating sales revenue NT$ 1292
Million is contributed from Gemtek Technology in Taiwan while the other NT$ 352 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 decline was due to seasonality and fewer
working days in January because of Chinese New Year holidays.

Year 2011 (‘000) Year 2012 (‘000) YoY % Revenue in September NT$ 2,002,854 NT$ 1,643,880 Down 17.92% Cumulative Sales Revenue YTD NT$ 2,002,854 NT$ 1,643,880 Down 17.92% * Numbers are rounded

Gemtek (TSE:4906) Dec. sales revenue is reported at NT$ 2.416 Billion. Consolidating sales revenue NT$ 2075Million is contributed from Gemtek Technology in Taiwan while the other NT$ 341 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 2010 (‘000) Year 2011 (‘000) YoY % Revenue in September NT$ 2,210,649 NT$ 2,416,341 Up 9.30% Cumulative Sales Revenue YTD NT$ 21,426,205 NT$ 28,232,366 Up 31.77% * Numbers are rounded

Gemtek (TSE:4906) Dec. sales revenue is reported at NT$ 2.416 Billion. Consolidating sales revenue NT$ 2075Million is contributed from Gemtek Technology in Taiwan while the other NT$ 341 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 2010 (‘000) Year 2011 (‘000) YoY % Revenue in September NT$ 2,210,649 NT$ 2,416,341 Up 9.30% Cumulative Sales Revenue YTD NT$ 21,426,205 NT$ 28,232,366 Up 31.77% * Numbers are rounded

Gemtek (TSE:4906) Nov. sales revenue is reported at NT$ 2.035 Billion. Consolidating sales revenue NT$ 1739Million is contributed from Gemtek Technology in Taiwan while the other NT$ 296 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 2010 (‘000) Year 2011 (‘000) YoY % Revenue in September NT$ 2,313,953 NT$ 2,034,963 Down 12.01% Cumulative Sales Revenue YTD NT$ 19,215,556 NT$ 25,816,025 Up 34.35% * Numbers are rounded

Gemtek (TSE:4906) Sept. sales revenue is reported at NT$ 2.854 Billion. This means a 32.5% YoY and another record high total sales. Consolidating sales revenue NT$ 2602 Million is contributed from Gemtek Technology in Taiwan while the other NT$ 252 Million contributed from Gemtek’s China manufacturing factories.  The consolidation of financial statements had deducted the internal transactions between Taiwan and Mainland China operations.

We are still confident in the fundamentals of Gemtek as we see growing opportunities in mobile broadband and surging demand in infrastructure. 3G femtocell, WiMAX, and IPSTB would still be steady. On a side note, LTE and GPON shipment starts this year.

Year 2010 (‘000) Year 2011 (‘000) YoY % Revenue in September NT$ 2,153,882 NT$ 2,853,714 Up 32.50% Cumulative Sales Revenue YTD NT$ 14,694,533 NT$ 21,300,962 Up 44.96% * Numbers are rounded

Gemtek (TSE:4906) Aug. sales revenue is reported at NT$ 2.790 Billion. This means a 33% YoY and another record high total sales. Consolidating sales revenue NT$ 2567 Million is contributed from Gemtek Technology in Taiwan while the other NT$ 231 Million contributed from Gemtek’s China manufacturing factories.  The consolidation of financial statements had deducted the internal transactions between Taiwan and Mainland China operations.

We are still confident in the fundamentals of Gemtek as we see growing opportunities in mobile broadband and surging demand in infrastructure. 3G femtocell, WiMAX, and IPSTB would still be growing steadily and on track. On a side note, LTE and GPON shipment starts this year and will also contribute to significant top line growth in 2H.

Year 2010 (‘000) Year 2011 (‘000) YoY % Revenue in August NT$ 2,095,612 NT$ 2,789,836 Up 32.07% Cumulative Sales Revenue YTD NT$ 12,540,651 NT$ 18,447,248 Up 47.10% * Numbers are rounded

Gemtek (TSE:4906) July sales revenue is reported at NT$ 2.507 Billion. This means a 32% YoY and another record high sales. Consolidating sales revenue NT$ 2294 Million is contributed from Gemtek Technology in Taiwan while the other NT$ 213 Million contributed from Gemtek’s China manufacturing factories.  The consolidation of financial statements had deducted the internal transactions between Taiwan and Mainland China operations.

We are still confident in the fundamentals of Gemtek as we see growing opportunities in mobile broadband and surging demand in infrastructure. 3G femtocell, WiMAX, and IPSTB would still be growing steadily and on track. On a side note, LTE and GPON shipment starts this year and will also contribute to significant top line growth in 2H.

Year 2010 (‘000) Year 2011 (‘000) YoY % Revenue in July NT$ 1,898,256 NT$ 2,507,092 Up 32.07% Cumulative Sales Revenue YTD NT$ 10,445,039 NT$ 15,657,412 Up 49.90% * Numbers are rounded

Gemtek (TSE:4906) May sales revenue is reported at NT$ 2.328 Billion. Consolidating sales revenue NT$ 2192 Million is contributed from Gemtek Technology in Taiwan while the other NT$ 135 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 2010 (‘000) Year 2011 (‘000) YoY % Revenue in June NT$ 1,615,860 NT$ 2,327,904 Up 44.07% Cumulative Sales Revenue YTD NT$ 8,546,783 NT$ 13,150,320 Up 53.86% * Numbers are rounded

Gemtek (TSE:4906) May sales revenue is reported at NT$ 2.149 Billion, which means a 38.4% YoY growth. Consolidating sales revenue NT$ 2042 Million is contributed from Gemtek Technology in Taiwan while the other NT$ 107 Million contributed from Gemtek’s China manufacturing factories.  The consolidation of financial statements had deducted the internal transactions between Taiwan and Mainland China operations.

Proliferation of mobile internet adoption and wireless broadband network equipment demand both helped April to stand strong. 3G femtocells, WiMAX and IPSTB will go on being strong in this quarter.  Shipment of LTE CPE and GPON ONU has already begun. We believe sales momentum will be even stronger in 2Q and are positive in delivering expanding GM.

Year 2010 (‘000) Year 2011 (‘000) YoY % Revenue in May NT$ 1,552,845 NT$ 2,149,260 Up 38.41% Cumulative Sales Revenue YTD NT$ 6,930,923 NT$ 10,822,416 Up 56.14% * Numbers are rounded

Gemtek (TSE:4906) April sales revenue is reported at NT$ 2.468 Billion, which means a 88.6% YoY growth. April sales remains an upbeat following record highest March. Consolidating sales revenue NT$ 2374 Million is contributed from Gemtek Technology in Taiwan while the other NT$ 94 Million contributed from Gemtek’s China manufacturing factories.  The consolidation of financial statements had deducted the internal transactions between Taiwan and Mainland China operations.

Proliferation of mobile internet adoption and wireless broadband network equipment demand both helped April to stand strong. 3G femtocells, WiMAX and IPSTB will go on being strong in this quarter. Shipment of LTE CPE and GPON ONU has already begun. We believe sales momentum will be even stronger in 2Q and are positive in delivering expanding GM.

Year 2010 (‘000) Year 2011 (‘000) YoY % Revenue in April NT$ 1,308,782 NT$ 2,468,297 Up 88.59% Cumulative Sales Revenue YTD NT$ 5,378,078 NT$ 8,673,156 Up 61.27% * Numbers are rounded

Gemtek (TSE:4906) March sales revenue is reported at NT$ 2.488 Billion, which means a 45.2% MoM growth. March sales is up 59.4% from that of last year. Monthly sales hit record high. Consolidating sales revenue NT$ 2362 Million is contributed from Gemtek Technology in Taiwan while the other NT$ 126 Million contributed from Gemtek’s China manufacturing factories.  The consolidation of financial statements had deducted the internal transactions between Taiwan and Mainland China operations.

With proliferation of mobile internet adoption and wireless broadband network equipment demand hence generated, we find 3G femtocell, WiMAX, and IPSTB outlook very healthy. Shipment of LTE CPE and GPON ONU will also begin this year. We believe sales momentum will be even stronger in 2Q.

Year 2010 (‘000) Year 2011 (‘000) YoY % Revenue in March NT$ 1,560,958 NT$ 2,487,811 Up 59.38% Cumulative Sales Revenue YTD NT$ 4,069,296 NT$ 6,204,859 Up 52.48% * Numbers are rounded

Gemtek (TSE:4906) February sales revenue is reported at NT$ 1.714 Billion, registering 55.2% YoY growth, making the past month the highest Feb. in history. Consolidating sales revenue NT$ 1637 Million is contributed from Gemtek Technology in Taiwan while the other NT$ 77 Million contributed from Gemtek’s China manufacturing factories. The consolidation of financial statements had deducted the internal transactions between Taiwan and Mainland China operations.

With proliferation of mobile internet adoption and wireless broadband network equipment demand hence generated, we find 3G femtocell, WiMAX, and IPSTB outlook very healthy. Shipment of LTE CPE and GPON ONU will also begin this year. We believe sales momentum will be even stronger in ’11. As of GM, we now project a gradual expansion starting Q2 thanks to milder FX and new product starting to ramp up.

Year 2010 (‘000) Year 2011 (‘000) YoY % Revenue in February NT$ 1,104,556 NT$ 1,714,194 Up 55.2% Cumulative Sales Revenue YTD NT$ 2,508,339 NT$ 3,717,048 Up 48.2% * Numbers are rounded

Gemtek (TSE:4906) January sales revenue is reported at NT$ 2.003 Billion, registering 43% YoY growth, which marks the highest monthly sales in Q1 history. Consolidating sales revenue NT$ 1892 Million is contributed from Gemtek Technology in Taiwan while the other NT$ 111 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 grow steadily, which offsets seasonality. It is highly possible for Feb. and Mar. sales to continue to signify such momentum. We expect Q1 sales to improve significantly from the previous year.

Year 2010 (‘000) Year 2011 (‘000) YoY % Revenue in January NT$ 1,403,783 NT$ 2,002,854 Up 42.7% Cumulative Sales Revenue YTD NT$ 1,403,783 NT$ 2,002,854 Up 42.7% * Numbers are rounded