Synnex preliminary consolidated financial results were as follows:
Synnex consolidated Y16Q4 sales revenue was NT$90.2bn with a decline of 4% YOY from Y15Q4 which was the historical high record. FY16 sales revenue reached NT$342.3bn, with an increase of 6% YOY, and hit the highest record in history.

        For Q4’16 revenue by product segment, IT revenue was NT$51.9bn, with an increase of 2% YOY, breaking the historical high record of single quarter performance. Telecom revenue was NT$6.0bn, with an increase of 10% YOY, reaching the highest revenue of single quarter since Y13Q1. Consumer Electronics revenue was NT$11.4bn, with a decline of 12% YOY, but the QOQ growth came to 39%. IC components revenue was NT$20.9bn, with a drop of 16% YOY which was affected by the shortage of TV Panel and partial IC components.

        FY16 sales revenue reached NT$342.3bn, with a growth of 6% YOY from NT$322.1bn in the prior year, breaking the historical high record. IT revenue was NT$192.5bn, with an increase of 9% YOY from NT$176.1bn in the prior year. Telecom revenue was NT$21.2bn, with an increase of 14% YOY.

Consumer Electronics revenue was NT$36.3bn, with a decrease of 6% YOY. IC components revenue was NT$92.3bn, with an increase of 4% YOY. FY16 sales revenue of IT related product and IC component both hit the historical high record.

        As a whole, Y16 was in an economic recession, the overall 3C markets in PC, NB and mobile phone dropped. Even through, the expansion of market share in Y16 led Synnex sales revenue came to 6% YOY which was mainly from the well-managed product portfolios and the continuous adjustment in operation mechanism. In China, Synnex adjusted the organizational structure in recent years, improving the operating model consecutively, and the declining performance finally bottomed out and began to rise, with the growth of 11% YOY. In Taiwan, facing the slow-down economic development, the FY16 sales revenue still surged with 29% YOY due to the expansion of new product line and the commercial market share. The performance in Australia and New Zealand kept stable because of the launch of cloud innovation business in spite of the impact of the economic and foreign exchange rate. IC component business sales revenue broke the highest record by the development of new products and customers.  

        For the joint venture business, including the business in US, Thailand, India and Middle East all made brisk performance in Y16. Among them, Synnex US aggressively developed the commercial outsourcing service business recently, Synnex Thailand back to growing track in Y16, and the continuous expansion in market shares of Redington, all bringing the steady revenue growth. Adding the revenue of joint venture business, Synnex Group Global sales revenue broke NT$1 trillion in Y16, and became one of the trillion revenue enterprises.  

        Looking forward to 2017, Synnex will aggressively expand in cloud service, technical service and intellectual logistic service, extending the depth in channel service and market share in all area. In the meantime, Synnex will also keep exploring the oversea market and lead the overall sales revenue to grow constantly.