Technology Distributors

Huntress is partnering with ALSO Holding to roll out the Huntress Agentic Security Platform across 31 European countries, using ALSO's cloud marketplace and reseller relationships as the primary distribution engine. The distribution deal lands as ALSO Holding trades at a P/E of 20x, below its estimated fair P/E of 28.9x, its European Electronic industry reference point of 20.2x, and a peer average of 81.1x. Earnings growth over the past year came in at 16.4%, ahead of the Electronic industry's 5.7%, with profits forecast to grow a further 11.1% per year. At CHF198, the shares sit around 7.5% below an estimated future cash flow value of CHF214.04. The stock's recent 1-day share price return of 1.02% and 7-day gain of 2.70% contrast with a weaker year-to-date share price return of 8.12% and a 1-year total shareholder return that declined 13.45%.

TD SYNNEX announced the launch of FinOps Fusion, a new offering that helps partners manage and govern the cost of AI consumption for their end customers. The service is part of the company's Destination AI enablement framework and provides visibility into AI token usage across public cloud and on-premise environments, along with optimization recommendations, expert-led FinOps enablement, a managed FinOps service, and an AI Token Consumption Assessment due later this year. TD SYNNEX said the majority of customers have achieved 15–30% savings over the mid-to-long term, depending on the maturity of their FinOps adoption and the tools they deploy. Francisco Criado, SVP, Cloud, Security and AI, TD SYNNEX, North America, said FinOps Fusion lets partners sell visibility, provable optimization and a managed service they can run as recurring revenue. The offering was unveiled to partners at TD SYNNEX's 2026 Inspire Conference in Greenville, South Carolina, and the company cited Gartner's forecast that AI spending will reach $2.59 trillion in 2026, up 47% from last year.

Daiwabo Holdings has announced the cancellation of its treasury shares. Details regarding the number of shares to be cancelled have not been disclosed. The company is one of the stocks drawing investor attention in the equity market, and the decision is seen as part of its capital policy. The announcement was distributed at 18:40 on October 8.

HNA Technology announced on October 8 that as of September 30, 2026, the company had repurchased 11.63 million shares, accounting for 0.40% of total share capital, with a total repurchase amount of 35.22 million yuan and a repurchase price range of 2.71 yuan to 3.32 yuan per share. In the first half of 2026, HNA Technology achieved revenue of 914 million yuan and net profit attributable to the parent of 44.9 million yuan.

The joint venture SI, or SI CONSORTIUM, comprising Samart Communication Service Company Limited, a subsidiary 99.99% held by SAMART, and Information and Communication Networks Public Company Limited, or ICN, has received a letter from National Telecom Public Company Limited, or NT, dated 6 October 2026, instructing it to proceed with the drafting of a contract to expand the capacity of the Backhaul network between Data Centers and submarine cable stations in order to support one system of international data communication circuits, as quoted by SI CONSORTIUM. The project has a total value of 363.09 million baht, including value-added tax. NT has asked SI CONSORTIUM to submit the relevant supporting documents for the preparation and signing of the contract. The revenue split between SAMART's subsidiary and Information and Communication Networks Public Company Limited stands at 54.59% to 45.41% respectively.

TD SYNNEX has been awarded a Zacks Rank #1 (Strong Buy) after analysts sharply raised their earnings estimates for the company. The consensus estimate for the current quarter now stands at $5.69 per share, a year-over-year change of +48.6%, and has climbed 27.47% over the last 30 days as four estimates moved higher with no negative revisions. For the full year, the company is expected to earn $20.50 per share, a change of +55.4% from the prior-year number, with the consensus estimate rising 10.47% over the past month as five estimates moved higher and none moved lower. The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an externally-audited track record in which #1 Ranked stocks have generated an average annual return of +25% since 2008. TD SYNNEX shares have added 6% over the past four weeks.

Shares of electronic components distributor Avnet jumped 5.2% in the afternoon session after demand rose for electronic components used in AI infrastructure and global data-center buildouts, according to TipRanks. Record trading levels reflected the AI and data-center cycle pulling through distributors, while sentiment also got a lift from normalizing supply chains in industrial and automotive end markets that broadened the demand backdrop beyond AI alone. After the initial pop, the shares cooled down to $107.15, up 4.8% from the previous close. Avnet is up 117% since the beginning of the year and, at $107.15 per share, has set a new 52-week high. The stock's biggest recent move came 8 months ago, when it gained 11.6% on strong fourth-quarter results for its quarter ended December 2025, posting revenue of $6.32 billion, up 11.6% year on year and 4.9% above consensus, with adjusted earnings per share of $1.05 versus $0.87 a year earlier and 10.2% above forecasts, alongside next-quarter revenue guidance of $6.35 billion at the midpoint, 7.9% above analyst expectations.

BPS Technology Public Company Limited, or BPS, has unveiled its JUMP+ Plan to increase corporate value over three years from 2026 to 2028, restructuring its business from a base of equipment distribution and installation services toward delivering fully integrated smart systems, or Smart Infrastructure Execution. It targets total revenue of 740.80 million baht in 2028, net profit of 26.70 million baht, a gross profit margin of 17.7-18% and a net profit margin of 2.5-3.6%. The company has set revenue growth of 27.6% for 2026, before growth of 5.9% in 2027 and 5.8% in 2028, while the net profit margin is targeted to rise from 0.91% in 2025 to 2.5% in 2026, 2.9% in 2027 and 3.6% in 2028. The business plan is driven by three approaches: strengthening the core business, expanding on a platform and data base, and growing together with partners, while extending into Retrofit, Energy Monitoring, Smart Control, Preventive Maintenance and monitoring services through a data platform. It aims to raise the share of recurring revenue to more than 10% by 2028. On the New S-Curve, the company is preparing to move into the Well Building and Longevity market, with a pilot in 2026 to develop wellness and senior living solutions, before launching a fully integrated Well Building solution in 2027 and expanding into wellness residential projects in 2028.

TD SYNNEX has drawn renewed investor attention after reporting third quarter earnings, issuing fresh guidance, and outlining continued capital returns. The company's shares are now trading at US$263.03, with a 1-day share price return of 1.37% partly offsetting a 7-day decline of 5.92% that followed the earnings release and guidance. The stock has posted a 71.43% year to date share price return and a 3-year total shareholder return of 176.49%. The most followed analyst narrative puts fair value at $333.55, well above the recent close, implying the stock is 21% undervalued, with 23 investors backing that view. That bullish case rests on double-digit growth in software, especially cloud, cybersecurity, virtualization, and infrastructure software, plus high growth in the Advanced Solutions and Hyve businesses, though weaker Hyve orders from large customers or a slowdown in data center and AI infrastructure demand could quickly undercut it.

Morgan Stanley raised its price target on TD Synnex Corp to $359 from $334, reiterating an Overweight rating and naming the technology distributor its most favored enterprise hardware name. The call followed fiscal third-quarter results in which revenue and earnings per share beat consensus estimates by 13%-21%, while fourth-quarter guidance came in 12%-25% above Street expectations. Morgan Stanley lifted its fiscal 2027 and 2028 earnings estimates by 12%-15%, citing stronger growth and operating leverage. Within the company, Distribution gross billings rose 27% year-on-year, while gross billings at Hyve Solutions, TD Synnex's data-centre infrastructure unit, jumped 117%, as enterprise AI demand shifted from experimentation toward production. Operating expenses fell to 3.63% of revenue, the lowest level in more than five years, and Morgan Stanley expects free cash flow to turn positive in the fourth quarter as investments in Hyve's new customer programs ease.

Jaymart Group Holdings, or JMART, has announced a major operational restructuring, moving away from growth driven by rising costs and instead maximising the use of its existing resources. CEO Adisak Sukhumvitaya told the Stock Vision news team that the company aims for Jaymart Mobile, its core mobile phone and accessories distribution business, to post a profit of no less than 300 million baht this year, before rising to 500 million baht in 2027, an average growth rate of about 30% per year. The key strategy is to refrain from opening additional branches in order to cut rental burdens and fixed costs, while shifting to a partner model with dealers and small retail store networks. Meanwhile, upcountry branches with low operating costs will be repositioned as distribution and logistics centres. The lending business will focus on extending credit to stores as working capital within the B2B system. The company estimates the mobile phone and operator market to be worth approximately 200 billion baht, based on trading volume of about 17 million units per year, and it is preparing to launch mobile phones equipped with AI technology under its own developed brand. Additional support comes from the recovery of affiliated companies SINGER, SGC and JMT, as well as the J real estate business, which is awaiting full recognition of rental income over the next one to two years. The medium-term goal is to push group profit back to 2 billion baht by 2028.

Panya Poonpermphonsiri, Chief Sales and Marketing Officer of Synnex (Thailand) Public Company Limited, or SYNEX, said at an online seminar for institutional investors titled "Expensive Chips, Tight Supply: How IT Operators Are Changing the Game," organized by Krungsri Securities Public Company Limited, that IT operators are facing simultaneous pressure from higher chip costs, supply volatility, and cautious consumer spending behavior, making inventory management, product mix allocation, and margin preservation more important than ever. The company believes the response requires adjusting business models to accommodate the changing structure of the IT market. SYNEX assesses that the IT market still has room to grow through higher-value technologies and services, especially artificial intelligence, data centers, cloud systems, cybersecurity, subscription software, and managed services. Under its plans, the company will extend from its distribution business into developing products and technologies into solutions and services that customers can put to practical use, while expanding partnerships to create new revenue streams and reduce dependence on growth from any single business. It will support partners from generating market demand, designing and delivering solutions, through to developing services that generate recurring revenue, particularly in cloud and artificial intelligence, and will set up teams of specialists to advise customers and connect after-sales services, product buyback, financial services, and product protection services to add value throughout the product lifecycle. Panya said the company will maintain the strength of its core business while expanding into solutions and services to accommodate long-term changes in the technology industry.

SYNEX, or Synnex (Thailand) Public Company Limited, has announced a strategic shift from IT product distribution toward creating added value through AI, Data Center, and Cloud solutions in order to cope with expensive chips and tight supply. Panya Poonpermphonsiri, Chief Sales and Marketing Officer, shared this view in an online seminar for institutional investors titled "Expensive Chips, Tight Supply: How IT Operators Are Changing the Game," organized by Krungsri Securities Public Company Limited. SYNEX stated that the challenge facing today's IT market is not merely higher chip prices, but managing business growth amid uncertainty over costs, supply, and purchasing power, making inventory management, product mix allocation, and margin preservation increasingly important. The company is expanding its sources of growth across multiple markets to reduce dependence on any single business, while extending from distribution into value creation through solutions, services, and partnerships, with a focus on raising recurring revenue, especially in the Cloud and AI segments, supported by dedicated expert teams that advise and serve customers throughout the entire usage cycle.

Jaymart Group Holdings Public Company Limited, or JMART, successfully issued and offered its 2/2026 series of bonds between 21 and 23 September 2026, with subscriptions fully taken up at 2,000 million baht from general and institutional investors. The bonds carry a three-year term and a coupon of 5.75% per annum. They are long-term, registered, unsubordinated, unsecured bonds with a bondholders' representative. The fundraising strengthens JMART's capital position for managing its businesses and capturing growth opportunities across the group. TRIS Rating assigned the company a rating of "BBB" with a "Stable" outlook and rated the bonds "BBB-" with a "Stable" outlook on 14 July 2026. Adisak Sukumvitaya, Chief Executive Officer of JMART, thanked investors for their trust and said the company will use its strengthened capital position to support the group's operations under its "The Power of Synergy" strategy, which connects its retail, financial, and technology businesses into a single ecosystem.

Panya Poonpermpholsiri, Chief Sales and Marketing Officer of Synnex (Thailand) Public Company Limited, or SYNEX, told an online seminar for institutional investors titled "Expensive Chips, Tight Supply: How IT Operators Are Changing the Game," organized by Krungsri Securities Public Company Limited, that the challenge facing IT operators today is not merely higher chip prices, but managing their businesses for growth amid uncertainty over costs, supply, and purchasing power, making inventory management, product mix allocation, and margin preservation all the more important. SYNEX is therefore pressing ahead with building new Growth Engines across multiple markets to reduce its reliance on growth from any single business, while extending from its distribution business toward value creation through solutions, services, and partnerships with allies. It sees growth sources shifting from the traditional devices market toward higher-value technology and services, including AI, data centers, cloud, cybersecurity, subscription software, and managed system services. The company is also upgrading its support for partners across the entire business process, from generating market demand and designing and delivering solutions to expanding into recurring revenue, particularly in the cloud and AI segments through dedicated specialist teams, alongside after-sales service, product buyback, financial services, and product protection, in order to add value throughout the customer lifecycle.

TD Synnex Corp reported record quarterly results with non-GAAP gross billings of $31.8 billion, up 40% year-over-year and above the high end of guidance. Non-GAAP operating income rose 55% to $736 million and non-GAAP EPS climbed 59% to $5.68, also above the high end of guidance, while GAAP operating income rose 68% to $643 million and GAAP EPS rose 89% to $5.18. Within the total, the Distribution segment contributed $24.8 billion in gross billings, up 27% year-over-year with double-digit growth in every region, and the Hyve segment contributed $7 billion, up 117%, with Hyve manufacturing gross billings growing in excess of 130% and supply chain services up in excess of 90%. Hyve's non-GAAP operating margin narrowed to 3.61% from 5.04% a year earlier on lower-margin large AI server programs, and free cash flow was a consumption of approximately $1 billion driven by higher inventory in Hyve's supply chain business and new customer programs. For the fourth quarter, TD Synnex guided to non-GAAP gross billings of approximately $31.9 billion, plus or minus $500 million, revenue of approximately $22.2 billion, plus or minus $400 million, and non-GAAP diluted EPS of approximately $5.90, plus or minus $0.25, up about 54% at the midpoint. The company returned $100 million in share repurchases and $38 million in dividends during the quarter and declared a quarterly dividend of $0.48 per share.

Arrow Electronics reported a strong second quarter, with revenues surpassing analyst expectations, and raised its earnings-per-share guidance for the next quarter. The company also delivered the largest guidance increase and fastest revenue growth among its engineered components and systems peers, highlighting its relative operational strength in the sector. Among recent announcements, Arrow's expanded distribution rights for Hewlett Packard Enterprise networking solutions in North America and parts of EMEA stand out as especially relevant, tying Arrow more closely to cloud, AI ready infrastructure, and recurring service opportunities. Arrow Electronics' narrative projects $49.4 billion revenue and $1.6 billion earnings by 2029, requiring 11.2% yearly revenue growth and an earnings increase of about $800 million from $811.6 million today. The most optimistic analysts were already modeling revenue of about US$49.7 billion and earnings of roughly US$1.8 billion, so the upside surprise could either validate that bullish view or prompt a rethink of how much margin pressure really matters.

VCOM Technology Public Company Limited, or VCOM, is signalling that its fourth-quarter 2026 results will recognise a large chunk of revenue from projects delayed out of the third quarter of 2026. Managing Director Songsi Srirungruangjit told "Than Hoon" that third-quarter 2026 performance may fall short of the target set, because some projects had their revenue recognition pushed back, and that revenue will be recognised in the fourth quarter of 2026 in a fairly large amount. Overall, however, the company is keeping its full-year 2026 revenue target at approximately 2.2 billion baht and expects full-year results to meet the target or projection, with a chance of setting a new high. For its 2027 direction, the company will focus mainly on private-sector projects, since government investment in information technology remains limited. It is also preparing a strategy to place greater emphasis on artificial intelligence, or AI, businesses, and will increase the share of revenue from services, especially AI-related services, in order to lift gross margin and restructure revenue toward a higher proportion of work that creates greater added value. The company assesses that under current economic conditions, driving sales growth of 10 to 20 percent as in the past may be harder to achieve, so it is giving more weight to improving profitability instead.

Jaymart Group Holdings Public Company Limited, or JMART, successfully issued and offered its second bond series of 2026 between September 21 and 23, 2026, with subscriptions fully taken up at 2,000 million baht amid strong demand from both retail and institutional investors. The bonds carry a three-year term and a coupon of 5.75% per annum. They are long-term, registered, unsubordinated, unsecured bonds with a bondholders' representative. The fundraising strengthens JMART's capital position for managing its business and capturing growth opportunities across the group. TRIS Rating assigned the company a credit rating of BBB with a Stable outlook and rated the bonds at BBB- with a Stable outlook on July 14, 2026. Adisak Sukumvitaya, Chief Executive Officer of JMART, thanked investors for their trust and said the company will use its strengthened capital position to support the group's operations under its The Power of Synergy strategy, which connects its retail, financial, and technology businesses into a single ecosystem.

Jaymart Group Holdings Public Company Limited, or JMART, successfully issued and offered its second bond series of 2026 between September 21 and 23, 2026, with subscriptions fully taken up at 2,000 million baht from general and institutional investors. The bonds carry a three-year term and a coupon of 5.75% per annum. They are long-term, registered, unsubordinated, unsecured bonds with a bondholders' representative. The fundraising strengthens JMART's capital readiness to run its business and capture growth opportunities across the group. TRIS Rating assigned the company a credit rating of "BBB" with a "Stable" outlook and rated the bonds "BBB-" with a "Stable" outlook on July 14, 2026. Adisak Sukumvitaya, Chief Executive Officer of JMART, thanked investors for their trust and said the company will use its capital readiness to support the group's operations under its "The Power of Synergy" strategy, which connects the ecosystem across its retail, finance, and technology businesses.

Jaymart Group Holdings Public Company Limited, or JMART, has closed its 2/2026 bond offering with a total value of 2,000 million baht after receiving overwhelming demand from general and institutional investors. The subscription period ran from 21 to 23 September 2026, and the full 2,000 million baht was subscribed. The bonds carry a three-year term and a coupon of 5.75% per annum. They are long-term, registered, unsubordinated, unsecured bonds with a bondholders' representative. Adisak Sukumvitaya, Chief Executive Officer of JMART, said the fundraising strengthens the company's capital readiness for business management and supports growth opportunities across the group under its The Power of Synergy strategy, which connects an ecosystem spanning retail, finance, and technology. TRIS Rating assigned the company a credit rating of BBB with a Stable outlook and rated the bonds at BBB- with a Stable outlook on 14 July 2026.

Kasikorn Securities estimates that the normal profit of SIS Distribution (Thailand) Public Company Limited, or SIS, in the third quarter of 2026 will be 252 million baht, up 17% year-on-year and 11% quarter-on-quarter, after management provided information during a call with the CFO on September 23 that the business outlook for this year remains strong. Third-quarter 2026 sales are expected to grow both year-on-year and quarter-on-quarter across all business groups, including the commercial customer group, the consumer group, the enterprise customer group, and others, except smartphones, which are expected to weaken year-on-year. The commercial and consumer groups are likely to grow at double-digit rates year-on-year on the back of a strong PC and notebook replacement cycle in both the private and public sectors. Overall gross margin is expected at 7.4–7.6%, down slightly from 7.6% in the third quarter of 2025, due to a higher proportion of lower-margin government project sales. Solar products account for roughly 2–3% of revenue this year. Under the assumptions of 12% year-on-year sales growth in the third quarter of 2026, a 7.3% gross margin, and SG&A at 3.7% of revenue, normal profit for the first nine months of 2026 will be 673 million baht, up 4% year-on-year, or 76% of the full-year 2026 normal profit forecast. The research team maintains a Buy recommendation with a mid-2027 target price of 26.63 baht, expecting earnings per share to grow 13% in 2026 and offering a dividend yield of 5.8%. It also notes that a price level of 23 baht or below is an attractive point to re-enter the investment.

Sombut Anantrumporn, Chairman of Interlink Communication Public Company Limited, or ILINK, disclosed that the Royal Gazette has published the Energy Regulatory Commission's regulation on power procurement from community solar farm projects for 2026, which sets a combined ground-mounted solar power capacity of 1,500 megawatts and requires commercial operation within 18 months of signing the power purchase agreement. The company views this as a positive development, particularly for its solar cable product group under the LINK brand, and expects it to help drive revenue from its import and distribution business, which accounts for about 50% of its revenue structure. Its project engineering business accounts for roughly 10%, with the remainder coming from other businesses such as internet network leasing services. For the third quarter of 2026, the company expects an improvement from the same period a year earlier, driven by clear growth in its overall import and distribution business, in line with expanding cloud service and AI investment in Thailand. ILINK is maintaining its full-year 2026 revenue estimate at about 4 billion baht, after posting revenue of about 1.78 billion baht in the first half of this year, while its backlog in the engineering business awaiting recognition has risen by about 2.8 billion baht, including a 115-kilovolt high-voltage submarine cable project in the Koh Samui area, which is expected to recognize revenue over roughly the next three years. Meanwhile, Krungsri Securities Public Company Limited has issued a buy recommendation on ILINK with a target price of 7.00 baht, expecting second-half 2026 profit to grow from the first half, when profit was about 148 million baht, and projecting full-year 2026 profit growth of about 7.7% from 2025.

Somchai Sitthichaisrichart, Managing Director of SIS Distribution (Thailand) Public Company Limited, or SIS, disclosed that the earnings outlook for the third quarter of 2026 remains strong, with sales of IT products continuing to expand, particularly for the Samsung and Xiaomi brands. Meanwhile, the solar cell business has grown as much as fivefold compared with last year, and it is expected to keep growing several times over next year from a larger base. At present, the company has approximately 100 to 200 customers or agents who buy products for resale. The company is being supported by government measures that provide 50,000 baht per household for solar installation, with a target of covering 1.5 million households, as well as a people's solar project of another 10,000 megawatts. However, in the third quarter of 2026, solar cell sales slowed because of heavy rain and because people delayed installations to wait for subsidies, so clear positive results are expected in the fourth quarter of 2026 through the first quarter of 2027. In the first half of the year, the company had total net profit of 525 million baht and total revenue of 15.785 billion baht, and it has set a target of return on equity, or ROE, of no less than 20%.

TD SYNNEX is scheduled to report third-quarter fiscal 2026 results on Sept. 24, before market open. The company expects non-GAAP earnings per share between $4.25 and $4.75, against a consensus mark of $4.64 per share, which would represent an increase of 29.6% from the prior-year quarter's reported figure. Revenue for the quarter is expected between $18.2 billion and $19 billion, with the consensus estimate pegged at $18.8 billion, suggesting growth of approximately 20% from the year-ago quarter. TD SYNNEX has beaten the Zacks Consensus Estimate in each of the trailing four quarters, delivering an average surprise of 21.7%, and the Zacks model predicts another beat this time, with an Earnings ESP of +7.37% and a Zacks Rank #2. Growth is expected to be supported by demand for AI infrastructure, enterprise IT modernization, cloud and cybersecurity, with the Hyve Solutions division remaining a key driver as hyperscalers expand AI and cloud infrastructure deployments.

TD SYNNEX is positioned to potentially extend its earnings-beat streak when it reports next on September 24, 2026, according to Zacks Investment Research. The company has topped consensus estimates in each of its last two quarters, with an average surprise of 32.13%. In the most recent reported quarter, TD SYNNEX posted earnings of $4.85 per share against a Zacks Consensus Estimate of $4.07, a surprise of 19.16%, following a prior-quarter surprise of 45.09% on earnings of $4.73 per share versus an expected $3.26. TD SYNNEX currently carries a Zacks Earnings ESP of +7.37% and a Zacks Rank #2 (Buy), a combination that Zacks research shows produces a positive surprise nearly 70% of the time.

Supreme Distribution, or SPREME, expects revenue in 2026 to set a new all-time high, continuing on from the previous year. As of the end of the second quarter of 2026, the company had a backlog of 5.6518 billion baht, which will be gradually recognised as revenue from the third quarter of 2026 through to 2031. Chief Executive Officer Phanuwat Khanthamoleekul said that in the second half of the year the company will accelerate delivery of all System Integrator, or SI, work in the backlog, while gradually recognising revenue from lease contracts that provide continuity, and it also has opportunities to win bids and receive new project orders from its pipeline to strengthen its revenue base going forward. The company places importance on the quality of its revenue and its profitability through close management of project costs, control of financial costs, and selection of projects with appropriate margins, while the growing share of recurring income from the lease business helps create continuity in revenue streams and reduces reliance on revenue from project delivery alone.

Shares of COM7 and CPW are benefiting from the buzz around the iPhone 18 Series, especially the Pro and Pro Max models, whose advance pre-orders are growing faster than those of the previous generation, while Trade-in registrations have jumped more than 100%. Kaewjirai Kemasit, Senior Director of the Apple Product Group at Comseven Public Company Limited, or COM7, said the iPhone 18 Pro Max in Burgundy and Glacier are the most popular models. COM7 is preparing offers of 0% installment plans through credit cards for up to 36 months and UFUND loans for up to 48 months, along with special privileges worth up to 10,000 baht, and will deliver products through a network of more than 1,300 branches nationwide. Paphavee Rujcharoentham, Director of Retail at Copperwired Public Company Limited, or CPW, said the atmosphere on the first day of sales on September 18, 2026, was lively. CPW is preparing for the launch of the iPhone Duo, which will open for pre-orders on October 16 and go on sale on October 23, 2026, and expects the fourth quarter of 2026, a high season, to be boosted by a full quarter of iPhone 18 Pro Series sales recognition. CPW currently has a total of 111 retail stores, covering Apple Brand Shops and leading technology stores such as iStudio by copperwired, U.Store by copperwired, Dotlife, and TECHHOUSE by Dotlife.

Kasikorn Securities, or KS, said in an analysis that it maintains a positive view on the growth outlook for Synnex (Thailand), or SYNEX, in the second half of 2026 after attending the company's Partner Connect 2026 event on September 10, 2026. SYNEX estimates that Thailand's information technology spending in 2026 will be approximately 1.1 trillion baht, up 8.4% from the previous year, while Gartner data as of April 2026 showed device spending up 8.2%, IT services up 9.0%, software up 15.1%, and data center systems up 55.8%. The company expects sales of Apple products to grow from the previous year, driven by new products in the iPhone 18 Series, and maintains its 2026 sales target at 53 billion baht, up 12% from the previous year. KS expects SYNEX's sales in the third quarter of 2026 to grow both year-on-year and quarter-on-quarter, supported by still-strong hardware replacement demand in both the private and public sectors, together with higher average selling prices for Android smartphones and Apple products. It maintains a buy recommendation with a target price of 11.47 baht, viewing any share price weakness after the launch of new iPhone models as an opportunity to accumulate at 9.20 baht or below, which reflects SYNEX's lowest PER in 14 years. It expects normal profit in 2026 to grow 14%, while Core EPS over the three-year period has an average annual growth rate of 10.4%.

SYNNEX (Thailand) Public Company Limited, or SYNNEX, hosted the event "SYNNEX PARTNER CONNECT 2026: Empowering the Future." Chief Executive Officer Suthida Mongkolsuthree said the company is elevating its role from Technology Distributor to Value Creation Partner. The event featured technology and solutions from more than 30 leading brands, spanning Consumer, Commercial and Enterprise Solution products, as well as Software, Cloud, Artificial Intelligence, and Green Energy Solution. The company also presented services from its affiliates, including "SWOPMART Trade-In," a device trade-in service, and "SERVICE POINT," an end-to-end technology service provider covering Solar, CCTV, Network, Data Center, Security, System Integration and Cloud. It is further expanding its ecosystem through "Prompt Money," a financial support platform, and "Ice Cream," an insurance partner. In addition, the company is launching "SYNNEX Care+," a service for insurance and protection of technology devices in the Consumer Device group, covering repair or replacement of devices under the applicable conditions. The event was held at the Grand Center Point Lumphini Hotel in Bangkok and also included an awards ceremony honoring outstanding partners.

SYNEX (Thailand) Public Company Limited, or SYNEX, a leader in comprehensive IT and technology distribution, hosted the event "SYNNEX PARTNER CONNECT 2026: Empowering the Future," led by Chief Executive Officer Suthida Mongkolsuthree, who brought together the management team, global technology partners, and dealers nationwide to create new business opportunities through technology, innovation, and services that meet the needs of the future market. The event gathered technologies and solutions from more than 30 leading brands, spanning Consumer, Commercial, and Enterprise Solution as well as Software, Cloud, AI, and Green Energy Solution. It also presented end-to-end services from SYNEX group companies, namely "SWOPMART Trade-In" and "SERVICE POINT," a provider of end-to-end technology services covering design, installation, and maintenance across Solar, CCTV, Network, Data Center, Security, System Integration, and Cloud through a nationwide partner network. In addition, SYNEX joined forces with partners including "Prompt Money," a financial support platform, and "Ice Cream," an insurance services partner, and launched the "SYNNEX Care+" service, an insurance and protection service for technology devices in the Consumer Device group, covering repair or replacement of devices under specified conditions. This milestone marks SYNEX's step toward elevating its role from Technology Distributor to Value Creation Partner that connects products, solutions, services, and business opportunities together, while driving growth and creating shared, sustainable value over the long term.

Avnet and The University of Hong Kong have officially opened the Emerging Microelectronics and Ubiquitous Systems Lab, or EMUS Lab, a collaborative innovation hub at the Data Technology Hub in Tseung Kwan O InnoPark aimed at accelerating AI hardware commercialization. The Lab focuses on next-generation technologies including edge AI, physical AI, robotics, high-performance computing and emerging microelectronics, offering innovators engineering consultation, GPU computing resources, prototyping support, manufacturability assessments and supply chain expertise. One of its first major industry engagement initiatives is the DfMA Launchpad for AI MMP Programme, a 12-month co-incubation programme linking EMUS Lab, Avnet and the startup ecosystem of Hong Kong Science and Technology Parks Corporation, which has already selected 27 startup teams to participate. Research supported by Avnet-sponsored GPU infrastructure has contributed to publications in Nature family journals and presentations at leading AI conferences including ICLR and ICML. Arthur Chung, Vice President, Sales and Supplier Management, Asia, at Avnet, said building a great AI model is only the beginning and that turning AI innovation into a reliable, manufacturable and scalable product remains one of the biggest barriers to commercialization. Prof. Ngai Wong, Associate Professor at the Department of Electrical and Computer Engineering at HKU Faculty of Engineering and Director of EMUS Lab, said the Lab was established to bridge the gap between cutting-edge research and real-world application.

SYNNEX (Thailand) Public Company Limited, or SYNNEX, led by Chief Executive Officer Suthida Mongkolsuthree, hosted the event "SYNNEX PARTNER CONNECT 2026: Empowering the Future" at the Grand Centre Point Hotel Lumphini in Bangkok, joining forces with global technology partners and dealers nationwide to elevate the Technology Ecosystem and create future business opportunities. The event brought together technology and solutions from more than 30 leading brands, spanning Consumer, Commercial, and Enterprise Solutions through to Software, Cloud, AI, and Green Energy Solutions. It also showcased end-to-end services from group companies, including "SWOPMART Trade-In" and "SERVICE POINT," an end-to-end technology service provider covering everything from design and installation to maintenance, spanning Solar, CCTV, Network, Data Center, Security, System Integration, and Cloud through a nationwide partner network. In addition, SYNNEX joined forces with partners including "Prompt Money," a financial support platform, and "Ice Cream," an insurance service partner, and launched "SYNNEX Care+," an insurance and protection service for technology devices in the Consumer Device segment, covering repair or replacement of devices under specified conditions. This milestone marks SYNNEX's move to elevate its role from Technology Distributor to Value Creation Partner, connecting products, solutions, services, and business opportunities together. The event also featured special activities and an award ceremony honoring partners with outstanding performance and significant contributions to SYNNEX's growth.

Samart Corporation Public Company Limited, or SAMART, is pressing forward in the Data & AI business and preparing to continuously bid for government work, after having many projects currently under tender. It is also expanding its Smart Meter and battery work by installing digital systems for the Provincial Electricity Authority (PEA) to support the transition to a smart grid. Mr. Rattanun Wilailak, Senior Manager of Business Development and Investor Relations at SAMART, told the Hoons Vision news team that most of the work remains projects from government agencies, a market that grows in line with the push for digital policy and the allocation of government technology budgets. The company places importance on applying Data and AI technology to improve operational efficiency, including data analysis, management, and reducing operating time, alongside training to develop personnel skills. For the battery systems and Smart Meter business, the company is in the process of carrying out a project to install new digital systems for PEA to switch from traditional electricity meters to digital meters, which is a key foundation for developing a smart grid. Taking the battery work and the Smart Meter project together, the current combined value is approximately 4,000 million baht.