Top 5 Tech companies in the world in 2021

It is unarguable that technology is taking over and tech gadget are mushrooming from different companies all over the world.  It has been known that most of these top tech companies are based in America, however off late Asian companies have been producing some of our top gadgets earning them spots in the top tech companies in the world. Here are some of the top 5 companies that have been taking the technology industry by storm:

1. Apple – $260.174 Billion

Apple Inc, a Cupertino-based American tech company is the world’s most profitable company and most successful brand with revenue of $260 billion dollars as of 2020. It has been founded in the year 1976 by three tech wizards – Steve Wozniak, Ronald Wayne, and Steve Jobs.

Apple was initially engaged in the segment of the personal computer which later grew exponentially after its huge success when it entered into the mobile phone segment. Apple Inc which started with Laptops and iPhones has now diversified into a wide range of products like Smartwatch, iPod tablets, Television, Accessories, etc.Apple has a big fan base of millions of users across the world who stand for hours together outside Apple stores to grab its products during their launch. Apple is one of the most admired brands in the history of corporate America.

2. Samsung Electronics – $197.705 Billion

Samsung is Seoul, South Korea-based multinational electronics company which is the world’s largest mobile phone manufacturing company.

It is a big conglomerate which not only makes electronics devices such as batteries, IC chips, hard disk, image sensors, cameras, etc. but also ships, aircraft engines, turbines, and life insurance.Samsung is the biggest competitor to Apple Inc’s in the mobile phone segment with its flagship brands like Galaxy S, Z and note Series, etc which contributes 40% to the top line of the company.

3. Foxconn – $178.869 Billion

Foxconn is a Taiwanese electronics contract manufacturing company headquartered in New Taipei City. Foxconn is one of the world’s largest employers providing employment to 1.29 million workers across the globe and it is the largest private-sector employer in China.Foxconn which was founded in 1974, caters to almost all major brands and manufactures customized electronic products as per the requirement by the vendor.Some of the notable products made by the company are iPad, iPhone, Kindle, Nintendo, BlackBerry, Google Pixel, Redmi phones, PlayStation, etc.

4. Alphabet – $161.857 Billion

It is most likely that people who use the internet have definitely heard about Google.

Alphabet Inc, an American multinational company is the parent company of Google LLC and several other subsidiary companies. California-based Google Inc. is the undisputed leader in the search engine segment worldwide with a market share of 92.47% as of June 2021.

Alphabet invests in interesting & innovative projects like self-driving cars, life-extension R&D company Calico, smart home project Nest, etc. Google, one of the most trusted tech company was founded by Larry Page and Sergey Brin in 1998 when they were studying in Stanford University.

5. Microsoft – $125.843 Billion

Microsoft is one of the most expensive brands in the tech industry and also the second-largest company in the world. Microsoft, which was founded in the year 1975 by Bill Gates and Paul Allen, is the world leader in the field of the personal computer software market.

The Microsoft Windows operating system was a runaway success that generated huge profits for the company.

Microsoft which is now headed by Satya Nadella is focusing on innovative technologies like blockchain, machine learning, artificial intelligence, and cloud computing.

There are more of these companies and as the years progress we are expecting more gadgets that will continuously improve our everyday lives.

Main Image: Glassdoor