Synnex preliminary consolidated financial results were as follows:
Synnex consolidated sales revenue in Sep’17 was NT$37.5bn with an increase of 16% YOY, and following the August a record monthly high. In Q3’17, consolidated revenue was NT$100.7bn, for the first time exceeded NT$100bn mark, a record high single-season record, 25% growth over the second quarter, also grew 11% over the same period last year, excluding exchange rate factors, Up to 13%.
Synnex said that the market is in a comprehensive recovery, including home, enterprise, IC components and other market demand are quite a strong hot, where the various regions have also set a new record. Also the fourth quarter is the traditional peak season coupled with heavyweight new products will be launched, so do not rule out a new high revenue.
By the geographic segment, almost the regions have set a new record in Q3’17 and is quite balanced. Among them, China and Hong Kong grew 14% and 20% respectively. Australia/New Zealand and Indonesia grew 15% and 27% respectively; meanwhile IC components business also grew 10%.
By the product aspect, the consumer market is still booming, of which the notebook computer grew 23% YOY from the tide people buy the new product to replace old machines; e-gaming boom continued to stimulate the PC components and related peripheral upgrade requirements; Google Home Smart Speaker, Surface and other hot new products launched, driven by the relevant categories of products to achieve double-digit annual growth. In the commercial segment, the first half of the deferred business and government procurement budget has finally started since July; Synnex participated in years of cloud and business services business has begun to enter the high growth period; coupled with the continued expansion of commercial products line and development channel, making the commercial revenue growth of 16%, a single quarter exceeded NT$20bn mark, a record high record.
Looking forward to Q4’17, it’s the traditional peak season and expect the home market will be booming to the end of the year. The corporate and government procurement budget usually to be implemented at the end of the year; Google published six new products are expected to begin shipping before the end of the year, as well as the new iPhone will also be heavy volume, expect the sales revenue in Q4’17 could reach a new high.
