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2012 APAC Winners Results and Fast Facts

Asia Pacific Technology Fast 500

Winner

This year's fastest-growing tech company, ProCrystal Technology Co. Ltd., comes from a mature industry sector — Semiconductors, Components, and Electronics — and a historic centre of Asia's post-war tech revolution — Taiwan. The company was founded in 2008 and grew at 10,028 percent over the last three years. ProCrystal specializes in manufacturing high-quality sapphire wafers. Most of the business applications for sapphire wafers are in the illumination area, where the products are used in automotive applications, general lighting, signage, and screens, as well as in backlighting for notebooks, mobile phone screens, TVs and monitors, and tablets. They are also used in camera lenses and cover glasses for watches and mobile phones, and even in their traditional application of jewellery.

Runner up

Ranked number two, Vipshop is the leading online discount retailer for brands in China. The company successfully listed on the New York Stock Exchange on March 23, 2012, becoming the first e-commerce company from South China listed on the NYSE. Vipshop offers new sales events daily, with a curated selection of apparel, fashion goods, cosmetics, home goods, and lifestyle products from popular domestic and international brands, at discounted prices in limited quantities for limited time periods

Third place

Ranked third, Gamewave Group (PRC) is China's largest internet game provider, and is also a leader in the Chinese online game industry and a professional provider of interactive entertainment services. Since its establishment, Gamewave (abbreviated from Gamewave Interactive Technology Co., Ltd.) has followed the vision of "engaging in the most professional web game development and operations, pursuing continuous innovation, providing the most efficient customer service". Inspired by its core values of "belief, diligence, innovation, and achievement", Gamewave is growing steadily since its creation.

Top ten ranked companies at a glance

This year's top ten company's average three-year growth rate was 5,209 percent, down on 2011's 6,949 percent. China and Taiwan contribute a total of five companies to the top ten, South Korea provides two companies, and New Zealand, India, and Japan each contribute one. Semiconductor, Components, and Electronics (3) and Software companies (3) dominate the top ten list.
 

# Company Name Location Sector 3-Year Revenue Growth %

1

ProCrystal Technology Co Ltd.

Taiwan

Semiconductor, Components and Electronics

10027.779

2

Vipshop Holdings Ltd.

China

Internet

7998.276

3

Gamewave Group Ltd. (PRC)

China

Media and Entertainment

6213.848

4

Online Recharge Services Pvt Ltd.

India

Internet

5227.092

5

Brightek Optoelectronic Co Ltd.

Taiwan

Semiconductor, Components and Electronics

4718.963

6

C Media Ltd.

China

Media and Entertainment

4516.516

7

gumi Inc.

Japan

Software

3950.181

8

Nazca Co Ltd.

South Korea

Software

3841.311

9

Beomjin Co Ltd.

South Korea

Semiconductors, Components and Electronics

2845.941

10

EROAD

New Zealand

Software

2746.194

technology fast 500

Key ranking statistics and trends

The top five companies combined three-year revenue growth figures for 2012 came in at 6,837 percent, down on 2011's 9,910 percent, and below 2009's figure of 8,980 percent. Encouragingly though, the entire field of 500 high-growth companies delivered growth of 467 percent in 2012, a small drop from 2011's 476 percent, and consolidating the recovery from 2010's 374 percent and 2009's 361 percent.

Ranked companies by revenue growth
Top 5 6837.191
Top 10 5208.610
Top 50 2182.063
Top 100 1436.518
Top 500 466.669
Technology Fast500™ Asia Pacific 2012 Winners Report and Ranking
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