Synnex preliminary consolidated financial results were as follows:
       In Mar’14 Synnex consolidated revenue was NT$30.0bn which have rebounded closely to the high point. It showed a 10% YOY growth and hit the record high over the same period. In Q3’14, Synnex consolidated revenue was NT$78.0bn, showed a 6% YOY growth and also hit the record high over the same period.

 

        By products breakdown were as follows:
       (1). IT sales revenue： 
       In Q1’14 the sales revenue totaled NT$41.7bn, shared 53% of total consolidated sales revenue with a decrease of 6% YOY. 

 

       (2). Telecom revenue： 
       In Q1’14 the sales revenue totaled NT$3.8bn, shared 5% of total consolidated sales revenue with a decrease of 34% YOY.

 

       (3). Consumer Electronics revenue： 
       In Q1’14 the sales revenue totaled NT$12.1bn, shared 16% of total consolidated sales revenue with a 19% YOY growth.

 

       (4). IC components revenue： 
       In Q1’14 the sales revenue totaled NT$20.4bn, shared 26% of total consolidated sales revenue with a significant 52% YOY growth.

 

      In addition to consumer electronics and IC components continue the strong growth momentum since last year, both of them hit a record high over the same period. The IT enterprise market also has the brisk performance, up 10% from the prior fiscal year quarter; while the view of region, Australia and New Zealand regions grow 11% and Indonesia is a substantial growth of 19%. Both of them are the high growth markets this year.

 

       Synnex Corp. which is our domain investment recently announced the Q1’14 performance. Sales revenue was US$ 3.03bn, an increase of 23% over the prior fiscal year quarter. Among them, the revenues from the distribution was US$ 2.90bn, up 20% from the prior fiscal year quarter primarily from the growth in Japan and U.S. market; while business process outsourcing business (BPO) revenues up 186% from the prior fiscal year quarter, primarily from the synergy in recent acquisition of IBM CRM business. The profit was US $ 38million, an increase of 15% over the prior fiscal year quarter. It’s outperformed the expectations and expects the profit will continue to grow in future, so the stock price rose 23% one day after the announcement of performance. The market capitalization of the company also has grown more than doubled since the past one year.