Synnex(2347TW) FY2014 revenue reached NT$331.6bn.
2015.01.12

Synnex preliminary consolidated financial results were as follows: In Dec’14 Synnex consolidated revenue reached NT$31.9bn. Q4 sales revenue totaled NT$84.8bn. Annual sales revenue was NT$331.6bn, with the slight growth over NT$330.3bn in the prior year. 

Analysis of the four major product lines, IC components revenue reached NT$85.9bn, hit a new record high with the growth of 16% over the prior year. IT, Telecom and Consumer Electronics sales revenue respectively was NT$179.7bn, NT$16.9bn and NT$49.1bn with a slight decline in the prior year. Among that, the average unit price (ASP) for mobile phones and tablet PC fell fast. Despite there was a significant growth in sales volume but still can’t against the decline of ASP, so that revenue still was declined slightly. IT sales revenue declined by 1% over the prior year, but there is still a strong growth in Australia and Indonesia. However by the impact of local currency depreciation, overall IT revenue didn’t grow as expected. Even so, IT and consumer electronics sales revenue in 2014 still reached the second highest; and telecom revenue has turned up since the second half of 2014 and grew 16% in the fourth quarter. 

Synnex Technology International said, the structure of ICT industry appears significant changes in recent two to three years. In addition to the deflation happened in ICT industry, also there was a significant change in products, channels, and consumer behavior. It results the volatility and frequency of market changes are larger and more. But Synnex keeps "Multi-Domain, Multi-Product, Multi-Channel" business strategy even in the changes of industry structure. With a diversified business model and continued to more new products and brands, while continuing to strengthen operation efficiency and reduce operating costs. So that Synnex can maintain a steady pace even the market is in such a dramatic change. Looking ahead to the year of 2015, due to the logistics network is complete and a new generation of ERP has been formally launched. Synnex will provide more flexible, rapid and accurate business services to meet the various market demands and expand the market share. Trust that sales revenue and profit can be highly expected in the year of 2015.

 

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