In 2024, Synnex Group's global revenue exceeded the NT$800 billion milestone for the first time, reaching NT$858.9 billion—setting a new all-time high with an 8% year-over-year increase.
Synnex Group's global footprint spans Taiwan, China/Hong Kong, Australia/New Zealand, and key regions including Southeast Asia (Indonesia, Vietnam, Thailand), India/South Asia, the Middle East/Africa, and Turkey. In 2024, the Group's consolidated revenue reached NT$426.0 billion, while total global revenue including joint venture business reached NT$858.9 billion, with both figures marking record highs and an 8% annual growth.
Across its four major business segments, the Enterprise Solution Business generated NT$269.1 billion in revenue, up 8%, accounting for 31% of total revenue. The IT Consumer Business contributed NT$272.5 billion, growing 3%, also representing 31% of revenue. The Mobile Device Business expanded 9% to NT$170.5 billion, accounting for 20% share, while the Semiconductor Business saw a 9% increase to NT$157.2 billion, making up 18% of total revenue.
Regional Performance
India, Indonesia, and Thailand were the Group's top-performing markets in 2024.
India set a new revenue record for the 15th consecutive year, surpassing NT$180.0 billion, a 15% year-over-year increase. The Enterprise Solution Business accounted for nearly 40% of revenue, while IT Consumer and Mobile Device Businesses each contributed around 30%. All business segments in India saw strong growth, with the Mobile Device segment leading at 18% increase, while IT Consumer and Enterprise Solution both posted double-digit gains.
Indonesia recorded its fourth consecutive year of revenue growth, surpassing NT$40.0 billion for the first time with a significant 19% increase. Mobile Device revenue saw an 80% surge, while Enterprise Solution grew 13%. In Indonesia, Enterprise Solution and IT Consumer business each accounted for approximately 40% of total revenue, with Mobile Device contributing the remaining 20%.
Thailand also reached a new high, growing 14% year-over-year to nearly NT$40.0 billion. The Mobile Device segment was the strongest performer, soaring nearly 40%, while IT Consumer segment expanded 9%. In Thailand, IT Consumer business made up nearly 50% of revenue, Mobile Device around 30%, and Enterprise Solution approximately 20%.