Top 10 Largest Electronics Companies in the World 2020 | Electronics Industry Factsheet (2023)

Rank

Company

Revenue (USD billions)

Headquarters

1Apple Inc.260.17USA
2Samsung Electronics221.6South Korea
3Hon Hai Precision Industry175.62Taiwan
4Huawei122.97China
5Dell Technologies90.62USA
6Hitachi88.42Japan
7Sony80.92Japan
8Panasonic74.73Japan
9Intel71.9USA
10LG Electronics54.39South Korea

1. Apple Inc.

Who is the largest electronics manufacturing company in the world? Apple is the largest electronics company in the world by revenue, generating a total of USD 260.17 billion in revenue in 2019. As a leader among the largest electronics companies in the world, this American multinational technology company based in California designs, develops, and sells consumer electronics, computer software, and online services. Apple’s flagship product is the iPhone, a game-changer, and an industry pioneer in the world of smartphones. Apple is considered one of the Big Four technology companies, along with Microsoft, Google, and Amazon. Apple became the world’s first company to record a market capitalization of $1 trillion, and subsequently passed the $1.3 trillion threshold in Dec. 2019. To put it in perspective. that number is larger than entire economies — only 14 countries have annual GDP figures greater than Apple’s market cap.

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In addition to iPhones, the company is also known for designing, developing, manufacturing, and selling a wide array of consumer electronics products including the tablet iPad, Mac personal computers and laptops, iPod, Apple Watch, Apple TV, AirPods, Homepods, and many more. Apple is recognized for innovation, as many of their products changed existing markets forever. Apple ranks number 1 on our list of the top 10 largest electronics companies in the world in 2020 due to its immense revenue and influential status in the electronics industry.

  • Founded: 1976
  • Apple Headquarters: Cupertino, California, United States
  • Apple Revenue: USD 17 billion
  • Apple Number of Employees: 137,000

Apple Electronics Products

  • iPhone smartphone
  • iPad tablet computer
  • Mac personal computer
  • iPod portable media player
  • Apple Watch smartwatch
  • Apple TV digital media player
  • AirPods wireless earbuds
  • HomePod smart speaker

2. Samsung Electronics

Samsung Electronics is the 2nd largest electronics company in the world with a revenue of USD 221.6 billion generated last year. Samsung is a South Korean multinational electronics company headquartered in South Korea and best known as one of the world’s largest electronics manufacturers of consumer electronics and semiconductors. The company manufactures electronic components such as lithium-ion batteries, semiconductors, chips, image sensors. Samsung is also the world’s largest manufacturer of mobile phones and smartphones, known for its flagship Samsung Galaxy product line of smartphones. The company also created the phablet market with its line of Samsung Galaxy note devices.

Samsung Electronics is 2nd on this list of top 10 largest electronics companies due to its stellar revenues, wide-array of electronics manufacturing capabilities, and innovation in the market. Samsung is also the world’s 2nd largest technology company by revenue, behind only Apple.

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  • Founded: 1969
  • Samsung Headquarters: Suwon, South Korea
  • Samsung Revenue: USD 221.6 billion
  • Samsung Number of Employees: 320,671

Samsung Electronics Products

  • LCD and LED panels
  • Mobile phones
  • Semiconductors
  • Solid-state drives
  • Hard-drives
  • Televisions
  • Printers
  • Speakers
  • Cameras

3. Hon Hai Precision Industry (Foxconn)

Ranking 3rd on BizVibe’s list of the top 10 largest electronics companies in the world in 2020 is Taiwanese multinational electronics manufacturer Hon Hai Precision Industry — also known as Foxconn. Foxconn is the largest private employer in Taiwan and the largest provider of electronics manufacturing services in the world. In 2019, Hon Hai Precision Industry generated revenues of USD 175.62 billion. The company was founded in 1974 by Terry Gou and is currently known for manufacturing electronic products for major American, Canadian, Chinese, Finnish, and Japanese companies. Foxconn is famous for developing iPhones, iPads, Nintendo 3DS, Kindle, Playstation consoles, and many more. The company has international operations in China, the USA, Brazil, Europe, Mexico, Japan, India, Malaysia, and South Korea.

  • Founded: 1974
  • Foxconn Headquarters: Tucheng District, New Taipei
  • Foxconn Revenue: USD 175.62 billion
  • Foxconn Number of Employees: 803,126

Foxconn’s Major Customers

  • Acer Inc. (Taiwan)
  • com (United States)
  • Apple Inc. (United States)
  • BlackBerry Ltd. (Canada)
  • Cisco (United States)
  • Dell (United States)
  • Google (United States
  • Hewlett-Packard (United States)
  • Huawei (China)
  • InFocus (United States)
  • Intel (United States)
  • Microsoft Corp. (United States)
  • Motorola Mobility (United States)
  • Nintendo (Japan)
  • HMD Global (Under Nokia Brand) (Finland)
  • Sony (Japan)
  • Toshiba (Japan)
  • Vizio (United States
  • Xiaomi (China)

4. Huawei

Huawei is a Chinese multinational technology company that specializes in manufacturing and selling consumer electronics and telecommunications equipment. Huawei was founded in 1987 and is currently headquartered in Shenzhen, China. In 2019, Huawei brought in annual revenues of USD 122.97 billion, ranking 4th in revenue generated among the top electronics companies on this list. Huawei sells its products in over 170 countries and recently overtook Apple as the second-largest smartphone manufacturer in the world behind only Samsung. With a 20% market share, Huawei is China’s largest smartphone seller.

  • Founded: 1987
  • Huawei Headquarters: Shenzhen, China
  • Huawei Revenue: USD 122.97 billion
  • Huawei Number of Employees: 194,000

Huawei Products

  • Mobile and fixed broadband networks
  • Multimedia technology
  • Smartphones
  • Tablet computers
  • Dongles
  • Smart TV
  • HarmonyOS

5. Dell Technologies

Ranking 4th on this list of the top electronics companies is Dell Technologies, an American multinational technology company headquartered in Round Rock, Texas. Dell is known for a robust electronics product line including personal computers, servers, smartphones, televisions, computer software, computer security, and network security, as well as information security services. Unlike some of the other global brands on this list, approximately 50% of Dell’s revenue is generated from the American market.

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Dell currently operates under 2 divisions: the Dell Client Solutions Group (which accounted for 49% of 2019 fiscal revenues) manufactures desktops, notebooks, tablets, and peripherals, such as monitors, printers, and projectors under the Dell brand name. The 2nd division operating under Dell is Dell EMC Infascture Solutions Group.

  • Founded: 2016 (through merger)
  • Dell Headquarters: Round Rock, Texas
  • Dell Revenue: USD 90.62 billion
  • Dell Number of Employees: 157,000

Dell Electronics Products

  • Personal computers
  • Servers
  • SAN storage
  • NAS storage
  • NetworkingSoftware

6. Hitachi

Ranking 6th on this list of the largest electronics companies in the world by revenue in 2020 is Hitachi, a Japanese multinational conglomerate company headquartered in Chiyoda, Tokyo, Japan. The company is known for manufacturing a diverse line of products from aircraft engines to LCD TVs. In 2019, Hitachi generated ¥9.480 trillion or USD 88.42 billion — making the giant one of the top electronics companies in the world.

  • Founded: 1910
  • Hitachi Headquarters: Hitachi, Ibaraki, Japan
  • Hitachi Revenue: USD 88.42 billion
  • Hitachi Number of Employees: 307,275

Hitachi Products

  • LCDs
  • Medical electronics equipment
  • Power tools
  • Test and measurement equipment

7. Sony

Sony ranks 7th on this list of largest electronics companies in the world. Sony is a Japanese multinational conglomerate corporation headquartered in Kōnan, Minato, Tokyo. The company operates various divisions including professional electronics, gaming, entertainment, and financial services. Sony is also known for its footprint in the music business, owning the largest music entertainment business in the world. Sony is the world’s 5th largest television manufacturer and popular for its Sony PlayStation line of video game consoles.

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In 2019, Sony generated annual revenues of USD 80.92 billion — making the Japanese electronics company one of the biggest electronics companies in the world.

  • Founded: 1946
  • Sony Headquarters: Minato, Tokyo, Japan
  • Sony Revenue: USD 80.92 billion
  • Sony Number of Employees: 114,400

Sony Electronic Products

  • Consumer electronics
  • Semiconductors
  • Video games
  • Computer hardware
  • Telecommunications equipment

8. Panasonic

Panasonic is 8th on this list of the largest electronics companies in the world by revenue in 2020. Panasonic is a Japanese multinational electronics corporation headquartered in Kadoma, Osaka, Japan, and last year generated revenues of USD 74.73 billion — making Panasonic one of the biggest electronic companies in the world.

  • Founded: 1918
  • Headquarters: Kadoma, Osaka, Japan
  • Panasonic Revenue: USD 74.73 billion
  • Panasonic Number of Employees: 273,858

Panasonic Electronics Products

  • Television
  • LCD projector
  • Digital camera
  • DVD player
  • Home appliance
  • Desktop computer
  • Laptop
  • Video game console
  • Computer hardware

9. Intel

Ranking 9th on this list of the top 10 largest electronics companies in the world is Intel, an American multinational corporation and technology company headquartered in Santa Clara, California, in Silicon Valley. Based on just its semiconductor division, Intel used to be the world’s largest semiconductor company in the world and was also the highest valued chip making company in the world. Intel manufactures motherboard chipsets, network interface controllers, and integrated circuits. Some of its most popular products include high-end Intel CPUs such as the i7 line of CPUs like the intel 9900-K CPU.

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Intel is a global computer chip supplier to leading technology companies such as Apple, Lenovo, HP, and Dell. Intel’s revenue surpassed USD 71.9 billion last year — making it one of the top electronics companies in the world by revenue in 2020.

  • Founded: 1968
  • Intel Headquarters: Santa Clara, California, USA
  • Intel Revenue: USD 71.9 billion
  • Intel Number of Employees: 110,200

Intel Electronics Products

  • Central processing units
  • Microprocessors
  • Integrated graphics processing units (iGPU)
  • Systems-on-chip (SoCs)
  • Motherboard chipsets
  • Network interface controllers
  • Modems
  • Mobile phones
  • Solid-state drives
  • Wi-Fi and Bluetooth Chipsets
  • Flash memory
  • Vehicle automation sensors

10. LG Electronics

Rounding out BizVibe’s list of the top 10 largest electronics companies in the world is LG Electronics, South Korean multinational electronics company headquartered in Yeouido-dong, Seoul, South Korea, a division under LG Corporation. LG Electronics is the world’s second-largest LCD television manufacturer. In 2019, LG Electronics brought in annual revenues of USD 54.39 billion.

  • Founded: 1958
  • LG Electronics Headquarters: Seoul, South Korea
  • LG Electronics Revenue: USD 54.39 billion
  • LG Electronics Number of Employees: 72,600+

LG Electronics Brands

  • Televisions
  • Mobile phones
  • Tablets
  • Smart Watches
  • Keyboards
  • Home Appliances

This is BizVibe’s list of the top 10 largest electronics companies in the world in 2020, ranked by revenue. These companies are changing the way consumer electronics get in the hands of its core users by providing cutting edge technology, combined with the seamless integration for the modern landscape. Find out more about these companies today, and their product offerings.

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FAQs

How many electronic companies are there in the world? ›

There are 3,915 Global Consumer Electronics Manufacturing businesses as of 2022, an increase of 0.3% from 2021.

Which country has the largest electronics industry? ›

This key economic indicator for the Electronics sector has been recently updated.
...
Electrical Equipment and Electronics Output.
#1
34 Countries#1 Germany
Million Euros110,545.40
Last2019
YoY+1.0 %
33 more columns

What is the most famous electronic brand? ›

Top Consumer Electronics Companies in World 2022 by Revenue. The top consumer electronics companies include Apple, Samsung, Microsoft followed by Dell, Sony, Panasonic, LG etc. Here is a list of the top 10 consumer electronics companies in the world 2022.

What is the second largest electronic company in the world? ›

Samsung, headquartered in Suwon, South Korea, is the largest tech company in Asia and the second largest electronics company in the world by revenue. This company generated total revenue of more than $244 billion in 2021.

Which is No 1 IT company in world? ›

List of the Top 10 IT Companies in World 2022
2022NameRevenue
1.Microsoft$161 billion
2.HP$63.49 billion
3.IBM$57.35 billion
4.Accenture$50.53 billion
6 more rows
14 Jul 2022

Which country consumes the most electronics? ›

Consumer Electronics Production Value
#25 Countries
1#1 GermanyView data
2#2 PolandView data
3#3 SlovakiaView data
4#4 PortugalView data
21 more rows

What is the biggest consumer electronics company? ›

Apple is one of the most popular brands globally, ranking number one among other consumer electronics companies on the Forbes list with sales of 378.7 billion U.S. dollars as of 2022. The second-largest company by sales on this list was Samsung Electronics, with over 244 billion U.S. dollars in sales the same year.

What are the examples of electronic industry? ›

Common items in the electronics sector include mobile devices, televisions, and circuit boards. Industries within the electronics sector include telecommunications, networking, electronic components, industrial electronics, and consumer electronics.

Which is the No 1 electronic company in India? ›

1. Voltas. Among the leading Indian electronics manufacturing brands, Voltas Limited manufactures air conditioners and many other home electrical appliances. This brand was founded in 1954 in Mumbai.

How big is the electronics industry? ›

The market size, measured by revenue, of the Global Consumer Electronics Manufacturing industry is $1.6tr in 2022. What is the growth rate of the Global Consumer Electronics Manufacturing industry in 2022? The market size of the Global Consumer Electronics Manufacturing industry is expected to increase 4.6% in 2022.

What are 2 primary segments of electronics industry? ›

The Key Segments of Electronics Industry are Semiconductor supply and manufacturing services , Industrial Equipment, Networking and Communication Equipment, Computer and Office Products, Medical Devices and Consumer electronics and home appliances.

What are electronic companies? ›

Definitions of electronics company. a company that makes and sells electronic instruments. type of: company. an institution created to conduct business.

What is a consumer electronics company? ›

Manufacturers in the consumer electronics sector produce phones, computers and laptops, televisions, cameras, DVD players and more.

What is 3C digital products? ›

3C product is the abbreviation of computer, communication and consumer electronic products, including mobile phone, personal computer, tablet computer, intelligent wearable device, digital camera, etc. 3C product covers a wide range of products, which have a series of commonness of large output, fast update.

Is Consumer Electronics a competitive market? ›

Therefore, it can be said that the consumer electronics industry is an instance of monopolistically competitive market as the products can be differentiated physically. Also, firms in this industry tend to differentiate their goods by promotional techniques or by distinctive packaging.

What is the most powerful tech company? ›

The world's most valuable tech companies
  • Apple (AAPL)
  • Microsoft (MSFT)
  • Alphabet (GOOG/GOOGL)
  • Amazon (AMZN)
  • Tesla (TSLA)
  • Meta Platforms (META)
25 Jul 2022

Which country has highest company? ›

Learn more about how countries are assessed in the Best Countries methodology.
  • Russia. ...
  • United Kingdom. ...
  • Singapore. ...
  • Germany. Technological Expertise Rank: 5. ...
  • United States. Technological Expertise Rank: 4. ...
  • China. Technological Expertise Rank: 3. ...
  • South Korea. Technological Expertise Rank: 2. ...
  • Japan. Technological Expertise Rank: 1.
27 Sept 2022

Which are the top 3 IT industries in the world? ›

The list of top IT companies include Microsoft, IBM, Accenture followed by product companies like Oracle, SAP and other big IT services brands like Deloitte, TCS, Capgemini, Cognizant etc.

Who is the most powerful company? ›

This list comprises the world's largest companies by consolidated revenue, according to the Fortune Global 500 2022 rankings. American retail corporation Walmart has been the world's largest company by revenue since 2014.

Which is the No 1 IT company in world 2022? ›

IT Services 25 2022 Ranking
20222021Name
11accenture
23TCS
34Infosys
42IBM Consulting
21 more rows

Which country is best for electronics jobs? ›

Being an electrical engineer means having a lot of job opportunities in countries all around the world.
...
Here are some top countries offering Electrical Engineering degrees:
  • The United States.
  • The United Kingdom.
  • Germany.
  • France.
  • Australia.
18 Jan 2022

What is China highest producer of? ›

Production of some products is highly concentrated in a few countries, China, the leading producer of wheat and ramie in 2013, produces 6% of the world's ramie fiber but only 17% of the world's wheat.
...
Vegetables.
VegetableSpinach
FirstChina
SecondUnited States
ThirdTurkey
FourthJapan
29 more columns

Is the electronics industry growing? ›

The consumer electronics market size has been growing over the past few years. From 2018 to 2022, its annual growth rate averaged 7.65%.

Who is Best Buy's competitor? ›

Best Buy competitors include Costco, Alibaba Group Holding Limited, Amazon, Target and Walmart. Best Buy ranks 3rd in Employee Net Promoter Score on Comparably vs its competitors.

What is the role of electronics in industry? ›

Industrial electronics play a vital role in improving the efficiency and productivity of industries like energy, transportation, petroleum, chemical, semiconductor, mining, agriculture, and others.

What is the importance of electronic industry? ›

The electronics industry has revolutionised the lifestyle of the people throughout the world. The electronics industry in India started with radio manufacturing in the 1850s. The setting up of the Indian Telephone Industry (ITI) in 1950 at Bangalore gave a boost to this industry.

What is impact of electronics in industry? ›

Advances in the field of electronics have also played a key role in the development of space technology and satellite communications; inaugurated a revolution in the computer industry that led to the introduction of the personal computer; resulted in the introduction of computer-guided robots in factories; produced ...

Who makes semiconductor chips in India? ›

India doesn't have any fabs, or semiconductor fabrication plants, which manufacture chips. However, the government has looked to woo foreign chipmakers. ISMC Digital, a consortium of investors, is planning to build a $3 billion manufacturing facility in India.

Which is the largest producer of electronic goods in India? ›

Solution. The Bengaluru is the largest producer of electronic goods in India.

Which is the best company for ECE students? ›

Leading core companies recruiting ECE students are:
  • Siemens.
  • Bajaj Electrical Ltd.
  • Wipro Lighting Corporate.
  • Microtek.
  • Tata Electric Company.
  • Adani Power Ltd.
  • Schnider Electric.
  • Havells.

Who is the biggest exporter of semiconductors? ›

Taiwan Semiconductor Manufacturing Co. is the world's largest semiconductor foundry. Pure-play foundries manufacture integrated circuits on behalf of clients. Many semiconductor companies outsource the manufacturing of their chips to Taiwan Semi.

Why are most electronics made in China? ›

Now, the reason why so many electronics, especially high-end, are made in china is its complete and cost-effective ecosystem of components. The largest and most complete one in the world. A lot of different parts are needed to build a product such as an iPhone: Touch screens.

How much of the world's electronics are made in China? ›

Henry Yeung of the National University of Singapore estimates that more than half of the world's manufacturing capacity for electronics is in China. Apple's top 200 suppliers, for example, operate 357 production facilities there, compared to just 63 in the U.S.

What are the 5 largest industries in the world? ›

Global Biggest Industries by Employment in 2022
  • Global Consumer Electronics Manufacturing. 17,518,424.
  • Global Commercial Real Estate. 17,164,710.
  • Global Fast Food Restaurants. 13,458,146.
  • Global HR & Recruitment Services. 11,988,376.
  • Global Apparel Manufacturing. ...
  • Global Hotels & Resorts. ...
  • Global Coal Mining. ...
  • Global Tourism.

What is the future of electronics industry? ›

The demand for the latest electronic devices has been trending for many years and will grow for many more. According to Market Watch, the electronic component sector is expected to grow roughly 5.6 percent over the next five years.

What are the latest trends in electronics? ›

The major electronics manufacturing trends include the use of advanced materials, organic electronics, and miniaturization. Besides, disruptive technologies like Artificial Intelligence (AI) and the Internet of Things (IoT) enables smart manufacturing practices and also are the growth drivers for the industry.

Who is the father of electronic? ›

Michael Faraday: Father of Electronics.

What is new technology in electronics? ›

Electronics, IT, and communications
Emerging technologyStatus
Quantum computingExperiments, commercialization
Quantum cryptographyCommercialization
Quantum radarPrototypes
Radio-frequency identificationDiffusion of high cost
35 more rows

What is the most significant trend affecting the electronics industry at the moment? ›

More IoT. The Internet of Things has played an important role in improving efficiency across a number of industries for a few years now, and more devices than ever are now IoT compatible. In electronics manufacturing, the use of IoT technology has helped to reduce costs, improve safety, and increase efficiency.

What is the largest manufacturing company in the world? ›

Volkswagen Group

Which is the No 1 electronic company in India? ›

1. Voltas. Among the leading Indian electronics manufacturing brands, Voltas Limited manufactures air conditioners and many other home electrical appliances. This brand was founded in 1954 in Mumbai.

What are the electronic companies? ›

India
  • Amkette.
  • Beetel.
  • Bharat Electronics.
  • BPL.
  • Celkon.
  • Electronics Corporation of India.
  • Godrej.
  • HCL.

What is 3C digital products? ›

3C product is the abbreviation of computer, communication and consumer electronic products, including mobile phone, personal computer, tablet computer, intelligent wearable device, digital camera, etc. 3C product covers a wide range of products, which have a series of commonness of large output, fast update.

What are the 5 largest industries in the world? ›

Global Biggest Industries by Employment in 2022
  • Global Consumer Electronics Manufacturing. 17,518,424.
  • Global Commercial Real Estate. 17,164,710.
  • Global Fast Food Restaurants. 13,458,146.
  • Global HR & Recruitment Services. 11,988,376.
  • Global Apparel Manufacturing. ...
  • Global Hotels & Resorts. ...
  • Global Coal Mining. ...
  • Global Tourism.

What are the top 10 manufacturing companies? ›

Top 10 Largest Manufacturing Companies in the World in 2020
No.CompanyRevenue (USD billions)
1Volkswagen Group282.9 billion
2Toyota Group265.1 billion
3Apple260.2 billion
4Samsung Electronics221.6 billion
6 more rows
2 Apr 2020

What are the top 10 manufacturing countries in the world? ›

Top 10 Manufacturing Countries in the World
  • China – 28.7% Global Manufacturing Output.
  • United States – 16.8% Global Manufacturing Output.
  • Japan – 7.5% Global Manufacturing Output.
  • Germany – 5.3% Global Manufacturing Output.
  • India – 3.1% Global Manufacturing Output.
  • South Korea – 3% Global Manufacturing Output.
15 Jul 2021

Who makes semiconductor chips in India? ›

India doesn't have any fabs, or semiconductor fabrication plants, which manufacture chips. However, the government has looked to woo foreign chipmakers. ISMC Digital, a consortium of investors, is planning to build a $3 billion manufacturing facility in India.

Which is the largest producer of electronic goods in India? ›

Solution. The Bengaluru is the largest producer of electronic goods in India.

What is the second largest electronic company in the world? ›

Samsung, headquartered in Suwon, South Korea, is the largest tech company in Asia and the second largest electronics company in the world by revenue. This company generated total revenue of more than $244 billion in 2021.

What are the examples of electronic industry? ›

Common items in the electronics sector include mobile devices, televisions, and circuit boards. Industries within the electronics sector include telecommunications, networking, electronic components, industrial electronics, and consumer electronics.

What is the biggest consumer electronics company? ›

Apple is one of the most popular brands globally, ranking number one among other consumer electronics companies on the Forbes list with sales of 378.7 billion U.S. dollars as of 2022. The second-largest company by sales on this list was Samsung Electronics, with over 244 billion U.S. dollars in sales the same year.

What is 3C in Taiwan? ›

3C, an abbreviation often used in Taiwan for "computer, communication, and consumer electronics"

What is 3C full form? ›

3C stands for 3 Continent Programme. Amity is a pioneer in developing and initiating 3C programmes in India. In this program, st. Page 1.

What is 3C industry? ›

Computers, Communications, and Consumer Electronics” make up what's commonly referred to as the 3C industry in China. An industry where the application of collaborative robots now enjoys a promising future as flexible production lines are ripe for automation.

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