Synnex Technology hits record consolidated revenues in July

Synnex Technology International, a 3C (computer, communication, consumer electronics) channel distributor in Taiwan, on August 10 reported self-estimated consolidated revenues of NT$20.96 billion (US$640 million) for July, the highest monthly level ever on record as well as increasing by 23.8% on month and by 25.4% on year.

The record consolidated revenues were mainly because of booming sales of handsets and notebook PCs in the China market, Synnex Technology said.

Accumulated January-July consolidated revenues grew 14.4% on year to NT$119 billion, Synnex Technology indicated.