Driven by simultaneous growth across its four major business segments, Synnex's third-quarter revenue surpassed the NT$100 billion for the third consecutive quarter, reaching NT$108.9 billion. This marks a new record for the period, reflecting an 11% year-over-year increase and a 9% rise compared to the second quarter. Cumulative revenue for the first nine months of the year totaled NT$312.9 billion, up 11% from last year, marking the second highest in the company's history.

In the third quarter, all four of Synnex's business segments posted growth both year-over-year and quarter-over-quarter. The Technology Solution business maintained its upward trend throughout the year. In Q3, revenue reached NT$34.0 billion, setting a new record for the period, with a 20% year-over-year increase, driven by significant server orders and continued growth in cloud services. The IT Consumer business saw revenue of NT$33.9 billion, driven by a rebound in PC demand and the introduction of new consumer electronics products. This resulted in a strong 17% quarter-over-quarter rise and a 5% year-over-year growth.

In the Telecom sector, sustained demand in Southeast Asia throughout the third quarter, couple with the September launch of new devices, boosted revenue to NT$4.9 billion, the highest in six years, making a 3% year-over-year increase. The Semiconductor business continued to benefit from sustained demand driven by AI-related applications, as server and PC companies increased orders. This drove third-quarter revenue to NT$38.2 billion, another record for the period, with an 8% year-over-year increase.

Regionally, Indonesia delivered an outstanding performance in the third-quarter, setting new monthly records for three consecutive months and driving a record-high quarterly revenue with a 35% year-over-year increase. In China, the market continued its recovery, with third-quarter revenue up 10% from Q2 and 15% year-over-year. The Australia & New Zealand, and Hong Kong markets posted 3% and 2% year-over-year growth, respectively, while Taiwan saw a 9% decline.

For the first nine months of the year, Synnex's revenue reached NT$312.9 billion, up 11% compared to the same period last year, making the second highest in its history. All four business segments showed simultaneous growth, with Technology Solution and Semiconductor businesses reaching all-time highs, while the Telecom business hit its highest level in six years.