Message from the Chairman
Chairman Howard Chen
Since its establishment in 1988, Gemtek Technology has remained dedicated to its mission of "Creating a Wireless Lifestyle & Infinite New Ideas." Guided by its 4A vision—Wireless Broadband, Anytime, Anywhere, Any content, and Affordable—the company has consistently focused on advancing network communication technology through continuous research and development. Despite the ever-evolving technological landscape, Gemtek has held firm to its core values of business professionalism, integrity, and service commitment, contributing to the integration of heterogeneous networks with advanced technologies in communication.
Throughout its development, Gemtek has continued to strengthen its technical capabilities while delivering high-quality service and experiences to its customers. In line with a strategic shift and the collective efforts of its employees, the company began a proactive transformation in the second half of 2023, transitioning from a non-direct business model to a direct business model. This approach emphasizes direct collaboration with end-brand customers. The results of this transformation have gradually materialized in the company’s financial performance, most notably in the significant improvement of its gross profit margin.
In recent years, the world has faced a range of significant challenges, most notably the ongoing deterioration of U.S.-China relations. This geopolitical shift has not only triggered widespread disruptions to the supply chains but also made a profound impact on world politics and economics, driving substantial structural changes across various industries. To proactively address these developments and enhance organizational resilience, Gemtek Technology began expanding its global manufacturing footprint as early as 2018, becoming one of the first in the industry to set up a production facility in Vietnam. In the years since, the company has steadily increased the production capacity of its Vietnam operations. By the end of 2024, the Vietnam facility is expected to account for approximately 70% of total production output, with three major manufacturing campuses making it the company’s primary production hub.
This strategic shift offers several long-term advantages. First and foremost is the Company’s reduced reliance on a single market. As uncertainties in politics and economics continue to evolve, moving production to Vietnam helps diversify geopolitical risk and reduce excessive reliance on the Chinese market, thereby mitigating the impact of international trade tensions and supporting a more stable supply chain. Secondly, cost advantage is also a key consideration. Vietnam offers relatively lower labor costs, and as Vietnam’s economy continues to grow, their government has introduced attractive tax incentives and subsidies that further lower manufacturing costs and enhance competitiveness. In addition, as a major trade hub in Southeast Asia, Vietnam has signed multiple free trade agreements (e.g. CPTPP and RCEP), making it an ideal base for expanding into Asian and global markets.
Gemtek Technology has also actively strengthened its supply chain management, earning strong recognition from its customers. In November 2022, Gemtek was honored with Intel’s Supplier Achievement Award (SAA) in recognition of its outstanding service quality. In 2023, Intel once again acknowledged Gemtek for its exceptional performance in Wi-Fi 7 product shipments. As demand for wireless communication products continues to grow, Gemtek not only strives for excellence in research and development but also closely monitors global technology trends to drive product innovation and optimization. The Company ensures that its manufacturing processes comply with international standards. While enhancing operational efficiency, Gemtek has also obtained several international certifications, including ISO 14001 (Environmental Management), ISO 45001 (Occupational Health and Safety Management), ISO 14064-1 (Greenhouse Gas Inventory), and ISO 50001 (Energy Management), and continues to implement proactive measures to mitigate environmental impact and safety risks.
Message from the General Manager
General Manager James Lee
As the digital landscape evolves at an unprecedented pace, network and communication technologies have become deeply integrated into modern life, serving as essential infrastructure. In the post-pandemic era, reliable network infrastructure and high-speed broadband are more critical than ever for maintaining human connection. Innovative applications such as the Internet of Things (IoT), smart manufacturing, and the metaverse are rapidly evolving, all of which rely on advanced communication technologies as their foundation. Around the world, countries are actively deploying 5G networks and looking ahead with anticipation toward 6G. As global demand for wireless communication products and intelligent services continues to surge, the business strategies of suppliers have become the focus of attention. In response to this growing demand and evolving global dynamics, Gemtek Technology is proactively optimizing its global footprint by strengthening its existing production capacity and accelerating the expansion of its manufacturing base in Vietnam. The Company seeks to position itself to meet the growth and challenges of the future wireless communications market.
In the face of rapidly evolving technologies and ongoing geopolitical and economic uncertainties, Gemtek Technology’s management team brings a deep global perspective and the agility to adapt to constant change. We remain committed to high operational standards, striving for excellence and aiming to set a benchmark within the industry. We place strong emphasis on business ethics and integrity. Internally, we actively promote a culture of honesty and ethical conduct, upholding a zero-tolerance policy toward any form of misconduct or violation of integrity. These principles serve as the cornerstone of our corporate culture, ensuring that all business activities are conducted with the highest ethical standards. To further strengthen governance in integrity and anti-corruption, and with full support from the Board of Directors and senior management, Gemtek has established a comprehensive framework encompassing governance structure, risk assessment mechanisms, procedural documentation, and standard operating procedures. These measures have significantly enhanced our risk management and compliance capabilities. On December 14, 2024, Gemtek successfully obtained ISO 37001 certification for Anti-Bribery Management Systems, which was an important milestone that not only affirms our long-standing commitment to integrity but also demonstrates our determination to uphold a robust and transparent governance system.
Beyond our professional endeavors, we encourage our colleagues to volunteer by actively participating in public welfare activities, supporting vulnerable communities, and enhancing employee welfare. Our goal is to foster a sense of corporate social responsibility among employees, encouraging them to take small steps to care for people, the environment, and communities around us. By extending our support to social and cultural activities, we aim to make a meaningful impact. The imminent threat of climate change has compelled companies to embrace sustainable development. Over the years, Gemtek Technology has taken on its responsibilities as a green citizen, guided by three major ESG strategies: "Strive Towards Sustainability," "Build Stronger Business Partnerships," and "Strengthen Corporate Governance."
The concept of sustainability has become an integral part of our corporate culture. While we lead the way in next-generation network communications through professional expertise, we are equally dedicated to protecting the planet. Our care for society and the environment stems from a genuine sense of responsibility, one that is shared by every member of Gemtek Technology and embraced as a collective mission and duty.
