Synnex First Quarter Revenue 126.2 Billion NT$, Up 38% YoY, Sets New Single-Quarter High
Driven by the expansion of AI applications, Synnex's first-quarter revenue reached NT$126.2 billion, a 38% year-on-year increase, setting a new historical high. Commercial value-added services, cloud software services, and the semiconductor business all saw significant growth, demonstrating the strong impact of AI trends on its performance.
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- 📰 Published: April 10, 2026 at 17:00
- 🔍 Collected: April 10, 2026 at 18:00 (1h 0m after Published)
- 🤖 AI Analyzed: April 20, 2026 at 08:32 (230h 32m after Collected)
Synnex stated that benefiting from the expansion and popularization cycle of AI applications, which drove huge demand for data center products such as AI servers, storage systems, and networking equipment, Synnex's performance in March and the first quarter saw synchronized growth across its four major business segments.
Specifically, Synnex's commercial value-added business generated NT$43.8 billion in revenue in the first quarter, a 63% increase year-on-year. Cloud software services also saw a substantial growth of nearly 40% in the first quarter. Both set new single-quarter historical highs.
Furthermore, Synnex pointed out that its semiconductor business also benefited from the AI construction boom and active inventory preparation by the supply chain for memory, SSDs, and hard drives. In the first quarter, revenue reached NT$50.8 billion, surpassing the 50 billion mark for the first time, with a year-on-year increase of 42%, also setting a historical high.
In the terminal consumer market, despite facing pressure from raw material shortages and significant price hikes, Synnex's consumer business still achieved nearly 10% year-on-year growth in the first quarter. Among these, personal computer products saw a significant increase of over 30% in the first quarter, while communication business grew by 22% year-on-year.
Looking at regional markets, Synnex indicated that Taiwan, China, and Indonesia performed most impressively in the first quarter. Taiwan's first-quarter revenue rewrote its historical high, with a year-on-year growth rate of up to 81%. China is also gradually emerging from its operational bottom last year, with monthly revenue increasing since the beginning of this year; first-quarter revenue grew by 47% year-on-year, marking a new high for the same period since 2013. The Indonesian market continues to experience strong growth, having set new records for eight consecutive quarters. (Editor: Huang Guolun) 1150410
Specifically, Synnex's commercial value-added business generated NT$43.8 billion in revenue in the first quarter, a 63% increase year-on-year. Cloud software services also saw a substantial growth of nearly 40% in the first quarter. Both set new single-quarter historical highs.
Furthermore, Synnex pointed out that its semiconductor business also benefited from the AI construction boom and active inventory preparation by the supply chain for memory, SSDs, and hard drives. In the first quarter, revenue reached NT$50.8 billion, surpassing the 50 billion mark for the first time, with a year-on-year increase of 42%, also setting a historical high.
In the terminal consumer market, despite facing pressure from raw material shortages and significant price hikes, Synnex's consumer business still achieved nearly 10% year-on-year growth in the first quarter. Among these, personal computer products saw a significant increase of over 30% in the first quarter, while communication business grew by 22% year-on-year.
Looking at regional markets, Synnex indicated that Taiwan, China, and Indonesia performed most impressively in the first quarter. Taiwan's first-quarter revenue rewrote its historical high, with a year-on-year growth rate of up to 81%. China is also gradually emerging from its operational bottom last year, with monthly revenue increasing since the beginning of this year; first-quarter revenue grew by 47% year-on-year, marking a new high for the same period since 2013. The Indonesian market continues to experience strong growth, having set new records for eight consecutive quarters. (Editor: Huang Guolun) 1150410