Synnex's (2347) May revenue returned to the level of NT$30 billion, reaching NT$32.2 billion, a new high for the same period with an annual increase of 3%. The cumulative revenue for the first five months was NT$162.2 billion, which continued to rewrite the historical record and grew by 8% year-on-year.

In May, due to the delayed withdraw of China's strict lockdown and control of the epidemic prevention policy than expected, the revenue of Synnex in China continued to decline sharply. The rest of regions of Synnex were not affected by overall environmental turmoil, the performance remained stable. Revenue in May remaining at the high point of the same period and also growing compared with last year.

The cumulative performance of the first five months, IT Consumer and Telecom businesses were affected by the conservative consumption mentality of end users, revenue can only keep flat or slight decline than last same period. On the contrary, IT Commercial business continue to growing by 13% year-on-year due to the market in enterprise and public segments remain hot. The IC Component business is significant increase of 16% due to strong demand in AIoT and high-performance computing applications.