User:TechJourno/sandbox

Synnex Technology International Corporation （Chinese：聯強國際）is a publicly listed multinational corporation that provides B2B ICT and component distribution services. Its headquarters are in Taipei, Taiwan, and its operations cover Taiwan, Mainland China, Hong Kong, Macau, Indonesia, Thailand, Vietnam, India, Australia, United States, Canada, the Middle East, and Africa. It is listed on the Taiwan Stock Exchange twse: 2347. and has a market capitalisation of 71.4 billion TWD (US$2.5 billion). In 2019 it ranked 44th in Taiwan in the Forbes Global 2000 list.

It is the largest specialty distributor in the Asia Pacific and has sales offices in 200 cities; in 2020 was listed by Interbrand as the number 14 Taiwanese brand, and has been in the top Taiwanese brands every year for the past 18 years.

Expansion outside Taiwan
Starting in 1997 in Hong Kong, the company has established a new joint venture company in the Asia Pacific region every few years, often by retaining 50% or less of the equity in the JV.

As of 2012 it was the largest IT distribution company in the Asia Pacific and ranked third worldwide.

Australia
Synnex Australia Pty Ltd was founded in 1997 through a merger between Mitac Australasia and Synnex Technology International Corp. Synnex is one of Australia's largest IT distributors. It has over 7000 resellers. In 2014 the company built an automated distribution centre in Sydney. It started construction on a second facility in 2020 (due to open in 2021 at a cost of AU$29 million).

Synnex Technology International Corp. bought Sydney-based app developer Tigerspike in 2017.

In 2018, Synnex Australia launched a managed service finance package to allow bundle hardware, software licensing, cloud and professional services to be presented in a single bill to its partners.

In July 2020, Synnex Australia purchased 44 000 sqm of land in South Oakleigh in Melbourne to build an automated third distribution centre at a cost of AU$95 million, planned for completion in 2023, to provide an additional 65% of storage. The site was originally owned by German supermaket company Kaufland, and was sold after Kaufland announced it was exiting the Australian market. The new site will bring total storage to 62 200 sqm, and will include a 29.3 m high automated storage and retrieval system operated by dedicated data analytics software.

India
Redington (India) Limited is a publicly-listed entity with a turnover in 2020 of ₹530 billion (US$7.14 billion). It is 24% owned by Synnex Technology International Corporation.

Indonesia
PT Synnex Metrodata Indonesia was formed in 2011 and has distribution centres in Jakarta, Bandung, Yogyakarta, Semarang, Surabaya, Medan and Makassar.

Mainland China
Through its subsidiaries in Mainland China, Synnex operates across the whole country, covering more than 400 cities with 7000 dealers serviced by 18 maintenance service centres. The organisation is headquartered in Shanghai, with operations research centres in Beijing, Nanjing and Chengdu.

In 2020 it forged links with Huawei, dedicating 450 people to look after the company's products.

New Zealand
Synnex New Zealand was formed in 2005 and in 2019 ranked fourth in NZ by revenue.

Based in Auckland, the company has around 60 employees and a turnover of NZ$147 million (US$102 million).

Thailand
Synnex (Thailand) Public Company Limited was formed in 2008, had total revenue of in 2019 of 35.027 billion THB (US$1.160 billion) and is 35% owned by Synnex Technology International Corporation through its British Virgin Islands subsidiary. It distributes hardware and software to retailers including department stores.

Vietnam
In 2017, Vietnam technology company FPT Corp (part of FPT Group) sold a 47% stake to Synnex Technology International Corporation.

FPT is the largest IT company in Vietnam, with 2019 revenue of 27 trillion VND (US$1.6 billion) and market capitalization of US$1.37 billion.