GemTek expects to ship 30 million WLAN devices in 2006

GemTek Technology expects its shipments of WLAN-related devices to expand 50% on-year from this year's projected shipments of 20 million units to reach 30 million units in 2006, according to company chairman and CEO Howard Chen at an investor conference on November 30.

In addition, GemTek's revenues are expected to grow 30% sequentially to NT$16 billion (US$478 million) in 2006 from the NT$12.3 billion (US$367 million) projected for this year, buoyed by increasing shipments of high-margin WiMAX and 802.11n-compatible devices, Chen noted.

More here at DigiTimes

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