Synnex Technology looks to book gain after unloading of Concentrix shares
By Lisa Wang / Staff reporter
Synnex 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.
The Taipei-based company said in a statement that the transaction is part of its financial management.
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.