Synnex Technology looks to book gain after unloading of Concentrix sharesBy Lisa Wang / Staff reporterSynnex Technology International Corp (聯強國際), the nation’s second-biggest electronics distributor, yesterday said that it expects to book a gain of NT$727 million (US$26 million) from the disposal of some Concentrix Corp shares listed on the NASDAQ Composite. Synnex distributes a wide range of electronic products, from Fitbit Inc’s wearable devices to Asustek Computer Inc’s (華碩電腦) notebook computers. The logo of Synnex Technology International Corp is displayed on the facade of the company’s headquarters in Taipei on March 8, 2019. In the first four months of this year, revenue increased 29.16 percent to NT$118.57 billion from NT$91.8 billion in the same period last year. “Given the favorable business environment, it is likely that the company will reach a new revenue record,” Synnex said.

Source: Taipei Times May 18, 2021 15:56 UTC