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Synnex Technology sees decline in 2019 sales

Adam Hwang, DIGITIMES, Taipei
0

IT and consumer electronics channel distributor Synnex Technology International saw its consolidated revenues for 2019 drop 11.00% on year to NT$341.038 (US$11.4 billion).

Its December 2019 consolidated revenues reached NT$34.070 billion, increasing 14.31% sequentially and 6.18% on year, while those of NT$93.912 billion for fourth-quarter 2019 grew 7.35% sequentially but dropped 4.87% on year.

Synnex Technology: Consolidated revenues by product category, December 2019 (NT$b)

Product category

Dec 2019

M/M

Y/Y

4Q19

Q/Q

Y/Y

2019

Y/Y

IT and related

23.0

27.1%

0.2%

59.8

12.6%

(3.7%)

208.9

(10.5%)

Telecom

1.4

7.7%

(15.7%)

4.3

(6.5%)

(28.3%)

17.6

(29.9%)

IC components

7.0

1.4%

1.6%

21.1

(13.2%)

(1.9%)

89.4

(8.3%)

Consumer electronics and others

2.7

(20.6%)

(7.5%)

9.1

54.2%

0.0%

25.1

(7.7%)

Source: Company, compiled by Digitimes, January 2020