Synnex (TWSE:2347) has overwhelmingly hit the record high in its May revenue, consolidated revenue of NT$31.6bn, standing at the 30 billion mark for three consecutive months, with an annual growth of 31%, and a record high in the same period. Synnex expects to continue this wave of sales momentum in June, and is expected to set a new record in the second quarter. In addition, Synnex have resolved and declared cash dividend of NT$3.3 per share, and set the ex-dividend trading date on June 8th.

Synnex expressed that since the beginning of this year, the market continued to be in a strong situation. Even under the pressure of tight supply and rising prices, sales momentum is still quite strong, and the demand in the second quarter is even stronger than in the first quarter. Among them, IC component continued to stand above the ten-billion mark in May, a substantial growth of 56%, and set a new high for the same period for six consecutive months. IT commercial increased by 29% YOY due to the demand of SMB, and the government/enterprises continued to invest in digital transformation. IT consumer continued to benefit from the effect of the stay-at-home economy, with a growth of 17%. And Telecom also grew by 33% due to the wave of 5G replacement.

From a regional perspective, all regions, except for Australia & New Zealand, reached double-digit annual growth of more than 20% in May. Among them, Indonesia grew by 56%, Taiwan grew by 40%, and China also grew by 24%.

The first five months revenue accumulated to NT$ 150.0bn. In terms of product, IT Commercial sales revenue was NT$37.2bn, up 21% YoY and shared 25% of total revenue. IT Consumer sales revenue was NT$57.5bn, up 16% YoY and shared 38% of total revenue. Telecom sales revenue was NT$6.7bn, up 25% YoY and shared 5%. IC components revenue was NT$ 48.6bn, up 61% YoY and shared 32%.