In recent years, technology companies have emerged as a dominant driver of economic growth, consumer preferences, and financial markets. In the last decade, the largest tech stocks, for example, have outperformed the broader market.
The following are the ten largest technology companies in terms of revenue:
Apple creates, manufactures, and sells a wide range of consumer technology products, such as smartphones, personal computers, tablets, wearable devices, home entertainment devices, and others. Apple’s iPhone smartphones and Mac computers are among its most popular products.
Apple has also significantly increased its service sales. It runs digital content stores and has recently launched several streaming services, including Apple+, a platform for on-demand entertainment content.
2. Samsung Electronics
In key product areas, Samsung Electronics competes with Apple and other major technology companies around the world. It operates in a wide variety of industries, including consumer electronics, information technology, and communications. Mobile phones, tablets, wearable devices, virtual reality products, TVs and home theaters, computers, printers, home appliances, and other products are all sold by the South Korean company.
Alphabet Inc. is a multinational technology conglomerate holding company based in Mountain View, California. On October 2, 2015, it was formed as a result of a Google restructuring and became the parent company of Google and several former Google subsidiaries. The two Google co-founders remained Alphabet’s controlling shareholders, board members, and employees. Alphabet is the world’s third-largest technology company in terms of revenue and one of the most valuable corporations.
Hon Hai Precision, also known as Foxconn, is a multinational electronics manufacturer based in Taiwan. Electronics and electronic components are manufactured for use in the information technology, communications, automotive equipment, automobile, precision molding, and consumer electronics industries. Foxconn is an important supplier in Apple’s supply chain, producing a significant portion of the company’s iPhones.
Huawei Technologies Co., Ltd is a Chinese multinational technology company based in Shenzhen, Guangdong. It creates, manufactures, and sells telecommunications equipment, consumer electronics, and a variety of smart devices. The European Union Research Center (JRC) ranked Huawei as the world’s second-largest RandD investor in its 2021 EU Industrial RandD Investment Scoreboard and ranked fifth globally for US patents.
6. Dell Technologies
Dell creates, manufactures, and sells hardware, information technology products, and services all over the world. Desktop and laptop computers, traditional and next-generation storage solutions, and networking products are all available from the company. Dell also offers a cloud-native platform as well as cloud management solutions. Personal computers are Dell’s most well-known products.
Formerly known as Facebook, Inc., and TheFacebook, Inc is an American multinational technology conglomerate based in Menlo Park, California. The company is the parent organization of Facebook, Instagram, and WhatsApp, among other subsidiaries. Meta is one of the world’s most valuable companies. It is considered one of the Big Five American information technology companies, alongside Google, Amazon, Apple, and Microsoft.
Sony is a Japanese technology company that designs and manufactures electronics for the consumer, professional, and industrial markets around the world. Personal computers, mobile phones, video game consoles and software, and video cameras are among the items sold by the company. It also makes and sells recorded music, as well as live-action and animated films. Sony manufactures and sells the popular video game console PlayStation.
Hitachi, headquartered in Tokyo, is a Japanese multinational conglomerate. The company has eleven business segments, including information and telecommunication systems, social infrastructure, automotive systems and equipment, digital media, and financial services.
Intel is a leading global chip manufacturer and provider of computing, networking, data storage, and communication solutions. Platform products are available for the cloud, enterprise, and communication infrastructure markets. Intel manufactures flash memory, programmable semiconductors, and processors for notebook, mobile, and desktop computers. The company is well-known for its high-performance processors, which are used in PCs used by businesses and consumers worldwide.