Synnex Technology to invest NT$5-6 billion to add logistics centers in China
Taiwan-based Synnex Technology International, a distributor of IT and consumer electronics products, will invest NT$5-6 billion (US$155-186 million) to build 20 logistics centers in China over the next three years, according to company president Evans Tu.
The expansion is paving the way for Synnex's China operations over the next 10-20 years, Tu said, adding Synnex expects its 2009 sales revenues from China to grow 20-30% annually. The China market currently accounts for 70% of the company's total sales, and the proportion is expected to further rise, Tu noted.
The expansion is paving the way for Synnex's China operations over the next 10-20 years, Tu said, adding Synnex expects its 2009 sales revenues from China to grow 20-30% annually. The China market currently accounts for 70% of the company's total sales, and the proportion is expected to further rise, Tu noted.
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