TOP ELECTRONICS COMPANIES

Top 10 Largest Electronics Companies in the World by Revenue in 2020

Who are the top 10 largest electronics companies in the world as of 2020? The following is a list of top electronics manufacturers ranked by their revenue figures in USD billion.

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.

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.


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.

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.

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.

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