Synnex' s(2347TW) October Revenue Hits NT$35.9 Billion, Second Highest for the Month;Cumulative Revenue Reached NT$348.7 Billion, Up 11%
2024.11.7

In October, Synnex sustained its third-quarter momentum, achieving consolidated revenue of NT$35.9 billion, the second-highest for the month in company history, up 8% year-over-year. For the first ten months of the year, cumulative revenue reached NT$348.7 billion, marking the second-highest record and an 11% increase from last year.

 

All four of Synnex's major business segments continued to grow in October. Technology Solution revenue totaled NT$9.8 billion, the second-highest for the month, reflecting a 9% year-over-year rise. The IT Consumer business posted NT$12.2 billion, up 4% year-over-year. Telecom revenues benefited from strong demand following new product launches, reaching NT$2.4 billion, the highest for October in seven years, marking a 14% increase. The Semiconductor business achieved a new October record, with NT$12.3 billion in revenue, up 8% from last year.

 

Regionally, October performance was strong across most markets. Indonesia posted record highs for the seventh consecutive month, with substantial growth across all segments, achieving 24% year-over-year revenue increase. China's commercial market saw continued growth, and consumer demand remained stable, resulting in an 9% revenue increase and six consecutive months of positive growth. Australia & New Zealand and Hong Kong grew by 2% and 4%, respectively, while Taiwan experienced a 6% decline.

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