Synnex reported consolidated revenue of NT$31.6 billion for July 2025, down 12% year-over-year, impacted by both the appreciation of the New Taiwan dollar and weaker market conditions in China. On a constant-currency basis, revenue declined a modest 3% from the prior year.

The July decline was driven largely by currency headwinds and a significant slowdown in China, where both commercial and consumer markets contracted sharply, resulting in a 30% year-over-year drop in original-currency terms. Outside China, results were broadly positive: Australia & New Zealand posted a record-high July, up 12% year-over-year; Taiwan recorded robust 20% growth across all product categories; Hong Kong grew 6%; while Indonesia was roughly flat.

By business segment, Enterprise Solutions and Device & Consumer were pressured by weakness in China, with revenues down 16% and 21% year-over-year, respectively. Mobile Device revenue jumped 23% to a seven-year high, fueled by strong demand in Indonesia, Taiwan, and Hong Kong. Semiconductor revenue showed signs of stabilization, easing just 3%.