The world’s 10 biggest tech companies have a combined valuation over $5.7 trillion.
If you keep track of these things, you’ll know that the list of the top 10 tech companies continues to be managed by American companies. However, you will also note that two of the Chinese firms and the second on the list are the famous Korean Corporate, which competes strongly with the top contender.
- Market value: $1.16 trillion USD
- Remember when Apple almost died? That was back in 1997 when the late Steve Jobs returned to take over the helm of the near-bankrupt company he co-founded. Apple’s mobile communications and media devices are now augmented by a steady stream of revenue from third-party digital content and applications and cloud services.
- Market value: 347.78 trillion KRW ($298.68 billion USD)
- Samsung Electronics Co. Ltd. was incorporated in 1969 and runs three divisions: consumer electronics, information technology, and mobile communications and device solutions.
- Market value: $1.10 trillion USD
- After some years in the shadow of Apple, Microsoft Corporation has re-emerged with a drastically revised business plan and a whole new attitude. Although it shows up on the Forbes list as the third-best tech company, its run through early 2019 has put it on top in terms of market cap. It even briefly topped the $1 trillion mark.
- Market value: $878.48 billion USD
To this day it’s better known as Google, but it was back in Oct. 2015 that Google restructured itself to create Alphabet, Inc. as its parent company. In addition to the leading search engine, Alphabet owns all of Google’s side projects, such as life-extension company Calico, innovative technology developer Google X, high-speed internet provider Fiber, and Google’s smart home project Nest. Alphabet also is the owner of Google Venture, which invests in startups, and Google Capital, which invests in long-term projects.
- Market value: $245.82 billion USD
Intel Corporation seems to have settled into second place in revenue to Samsung as a maker of semiconductor chips, but its X86 series of microprocessors remains the one inside the most personal computers.
- Market value: $120.03 billion USD
Founded in the 1880s to manufacture a patented “computing scale,” International Business Machines (IBM) is the oldest company on this list by a long shot. It remains one of the world’s most respected brands even though it sold its best-known business line, personal computers, to China’s Lenovo in 2005. IBM still makes business hardware and software and has invested heavily in hosting, consulting, and cloud services businesses around the world.
- Market value: $552.39 billion USD
With a monthly average of 2.27 billion active users, Facebook, Inc. has grown at an exponential rate since its February 2004 founding. Now facing an obvious limit in growth globally, Facebook aims to grow through acquisitions. Notably, these have included Instagram and WhatsApp.
8. Hon Hai Precision
- Market cap: 1.18 trillion TWD ($38.72 billion USD)
Better known in the US as Foxconn Technology Group, Hon Hai Precision is a multinational electronics manufacturer based in Taiwan. It includes American customers, such as Apple, Amazon, and Microsoft, for its manufacturing services. Hon Hai operates enormous factories in 12 Chinese cities and countries stretching from Brazil to Malaysia.
- Market value: $3.02 trillion USD
Technology products and Internet-related services are a mere sideline for Tencent (TCEHY), a Chinese conglomerate. It is, among other things, one of the world’s largest gaming companies and among its largest venture capital outfits. Inside China, Tencent is known for its web portal and instant messaging services. It also holds the Chinese rights to some international franchises, notably purchasing the rights to the James Bond franchise from MGM and the Star Wars franchise from Disney.
- Market value: $180.54 billion USD
Oracle Corporation is a computer hardware and software developer based in Redwood Shores California, specializing in database management systems. Oracle has made significant investments in the future of cloud computing for business. In addition to its software and hardware products, it also offers complementary services, such as financing, training, and consulting. Although at the bottom of this tech list, it was the third-largest tech company in 2018 by revenue.