Top 10 Best Tech Companies in the World 2020

We are in 21 Century many of the people are educated nowadays and humankind is getting smarter day by day. We invented many things that help to make our work easier and help to reach the universe. We can’t imagine that we came this long this may possible by the invention of technology like computers, robots, rockets and other various technological things.

All the technology that nowadays has the ability to do many things that one man cant do there lives long. We can predict tomorrow’s weather or weak weather by using technology. There are many companies who made this type of technology. Here we make the list of the top 10 best tech companies in 2020 which are widely popular and won the heart of many people. We make this list by seeing revenue, company worth and popularity.

Here is the list of the top 10 best tech companies in the world 2020:

10. Sony Corporation

Sony Corporation is known as Sony is a Japanese multinational conglomerate technology company located at Konan, Minato, Tokyo which was founded on 7 May 1946 by Masatu lbuka and Akio Morita. The company mainly designs and produces electronics products for consumer, professional and industrial markets like personal computers, mobile phones, video game consoles, video cameras, software, and many more.

It also provided services like financial services, Insurance, Banking, Credit finance, Advertising agency, and Network Services. Sony is the largest music entertainment along with the second-largest video game publishing and the world largest player in the premium TV market business in the world. Sony also produces and distributes motion pictures, TV shows, music videos, and movies also.

The daughter company of Sony includes  Sony Semiconductor Solutions, Sony Pictures, Sony Music, Sony Interactive Entertainment, and others which is widely popular among the people. As of fiscal 2019 Sony Corporation’s total revenue is ¥ 8.259 trillion and 114,400 number of employees working here.

9. International Business Machines Corporation

IBM is an American multinational technology company that is suited at Armonk, New York which was founded on 16 June 1911 by Charles Ranlett Flint and Thomas J. Watson. The company manufactures Computer software, Computer hardware, Artificial intelligence, healthcare products, cloud computing systems, and other things. IBM operates in 170 Countries with 352,600 employees working here known as IBMers.

The hardware designed by IBM has power microprocessors which help to know the company widely. IBM also manufactures Automated Teller Machines (ATM), hard disk drive, magnetic stripe card, UPC barcodes, floppy disks and dynamic random-access memory (DRAM).

The total revenue of the company in 2019 US$77.14 billion with an Operating income US$13.21 billion and total equity of US$20.98 billion. The predecessors are Bundy Manufacturing company, Computing scale company of America, international time recording company, Tabulating Machine company and one of the world’s largest employers along with 70% are outside the United States.

8. Hitachi, Ltd

Hitachi is a Japanese multinational conglomerate technology company headquartered in Chiyoda, Tokyo founded in 1910 by Namihei Odaira. Hiroaki Nakanishi is a current chairman and Toshiaki Higashihara is a president and CEO of the company where 307,275 employees work here.

It produces Electronics, industrial machinery, Telecoms equipment, Power plants, Information system, Auto parts, power tools, Elevator, Defense technology, heavy equipment, Supercomputers, Semiconductor manufacturing equipment, and others. It provides consulting and financial services and also manufactures health care equipment like MRI, CT, Ultrasound, and so on.

The total revenue of the 2019 year is  ¥9.480 trillion which is the 8th highest among the tech companies. Hitachi and Honda announced a partnership to develop, produce and sell motors for electric vehicles in February 2017. The company started its business by manufacturing 4-kilowatt induction motors for use in copper mining Now it has become the top tech company.

7. Dell Technologies Inc

Dell Technologies is an American multinational technology company whose founder is Michael Dell and founded on September 7, 2016,. Its headquarters lies in One Dell Way, Round Rock, Texas, US and the number of employees is 165,000. EMC Corporation and Dell merge to form Dell Technologies in 2016.

Dell designs make and sell hardware, information technology products like desktop, laptops, smartphones, television, and more along with the computer software, network security as well as cloud management solutions. The total revenue of Dell is US$ 92.15 billion which includes 50% derived from the United State and 48% comes from desktop PCs, notebook, tablets, monitor, printer, and projectors along with 41% is from storage solutions as of the report of fiscal 2019.

Dell’s best known popular products are its personal computers. Its daughter company is SecureWorks that provides its customers with computer network and information assets from a malicious activity like cybercrime and Vmware which provides cloud computing and virtualization software.

6. Huawei Technologies Co. Ltd

Huawei is a Chinese multinational technology company founded in 1987 by Ren Zhengfei which headquarter in Shenzhen, China. At first, it focused on manufacturing phone switches then it expanded its business to include building telecommunications networks, manufacturing smartphones, tablet computers, dongles, smart TV, multimedia technology and other communication devices for the consumer market along with providing operational and consulting services.

The evolution of telecommunication 5G network was developed by Huawei which helps us to provide the fastest internet. Ericsson is the largest telecommunication equipment which was manufactured by Huawei. As per its 2019 annual report Huawei, its revenue rose to US$121.72 billion and net income is US$8.971 billion which helps it to stand on the 6th highest tech company by revenue. Due to the trade war between China and the United States in 2019, the US is restricted from doing commerce with US companies due to the violation of US sanctions.

Huawei is the second-largest smartphone manufacturer in the world which includes its own Huawei and Honor brand. Huawei unveiled Harmony OS which is a free microkernel-based distributed operating system with faster inter-process communication and real-time resource allocation which can take the dominant position of android.

5. Microsoft 

Microsoft is an American multinational tech company that was founded on 4 April 1975 by Bill Gates and Paul Allen. Its headquarters lies on One Microsoft Way, Redmond, Washington, US and number of employees 151,163 around the world. Microsoft manufactures and sells computer software like operating systems Windows, Office, Skype, Visual Studio and others along with mobile devices, video game consoles like Xbox.

The services of Microsoft are Azure, bing, Linkedin, Yammer, MSDN, Office 365, OneDrive, Outlook.com, GitHub, TechNet, Microsoft store, Windows Updates and so on. The operating system windows help to reach in this top tech company and one of the most popular and widely used operating systems.

Microsoft’s total revenue in fiscal 2019 is US$125.8 billion along with total equity US$102.33 billion one of the 5th highest tech companies by its revenue. Currently Satya Nadella is the CEO and John W.Thompson is the chairman of the Microsoft company.

4. Alphabet Inc.

Alphabet is an American multinational company founded on 2 October 2015 by Larry Page and Sergey Brin, headquarter lies in Mountain View, California, US. The company consists of the world’s largest search engine Google, Calico, Google FIber, CapitalG, Makani, Nest, Verily, and GV as a subsidy.

Google owns youtube in 2006 November one of the most popular video-sharing websites that helps google to more famous. Alphabet’s current CEO is Sundar Pichai and Ruth Porat is the CFO. Alphabet is the fourth US company to reach a $1 trillion market value on January 16, 2020. All the revenue of the company comes from performance advertising and brand advertising.

The total revenue of the company in 2019 US$161.857 billion where 86% from google advertisement and 53% is from international operations. Alphabet is also testing self-driving vehicles and the alphabet sued Uber for similar to Alphabet proprietary. Among all of the other Alphabet products, Youtube and Google are the most used and popular sites around the world.

3. Hon Hai Precision Industry Co. Ltd

Hon Hai Precision is also known as Foxconn is a Taiwan multinational electronics manufacturer founded on 20 February 1974 by Terry Gou and headquarters in Tucheng, New Taipei City. The Company manufactures and sells electronics, electronic components, PCBs, PCB components, computer chips for use in information technology, communications, automotive equipment, automobiles and more for American, Canadian, Chinese, Finnish and Japanese companies.

Foxconn made some part of iPad, iPhone, iPod, Kindle, Xiaomi devices, Playstation 3, Playstation 4, Wii U, Xbox 360, Xbox One, several CPU sockets on some motherboards and others by the Foxconn company. Foxconn revenue is US$172.9 billion which is the third-largest technology company by revenue, also the world’s largest provider of electronics manufacturing services. Foxconn has 803,126 employees working for this company.

Asia Pacific telecom purchased by Foxconn in 2014 and allowed to operate 4G telecommunications equipment in Taiwan. The Hon Hai Precision company’s maximum factories are located in Asia with other Europe, Brazil and Mexico.

2. Samsung Electronics Co., Ltd.

Samsung Electronics is a South Korean electronics company founded on 13 January 1969 by Lee Byung-Chul which headquartered in Suwon, South Korea. It manufactures and sells LCD and LED panels, Mobile phones, Semiconductors, Solid-state drives, Hard-drives, Televisions, Printers, Speakers, Cameras, virtual reality products,lithium-ion batteries,  home appliances, and more. All of the products are famous among the world mainly Samsung Galaxy and Samsung Galaxy Note also it is considered as the world’s largest manufacturer of mobile phones and smartphones.

Samsung surprised the world with the latest technology like OLED, foldable phone, 5G capable phone, testing of self-driving cars. Samsung is the world’s largest memory chips and television manufacturer also he sells its part to his competitor client like Apple, Sony. The total revenue US$221.6 billion for the 2019 fiscal year making it the world’s second-largest tech company and have around 290,000 employees also have 74 countries sales networks.

Samsung Electronics plays a vital role in the evolution in technology by introducing new inventions that no one can imagine. Samsung Electronics Co., Ltd has currently 3-CEO Ki Nam Kim. Hyun Suk Kim and Dong-Jin Kon with one separate CEO for southeast Asia HC Hong.

1. Apple Inc.

Apple is a multinational technology company founded on April 1, 1976, by Steve Jobs, Steve Wozniak, and Ronald Wayne. Its headquarters are in 1 Apple Park Way Cupertino, California, United States and there are 510 retail stores in different locations in 25 countries. Apple Inc deals with computer hardware, computer software, consumer electronics, cloud computing, Digital distribution, Fabless silicon design, semiconductors media, Financial technology, and Artificial intelligence which helps to take evolution in tech companies.

It mainly designs, develops, and sells consumer electronics, computer software, and online services which are genuine and famous worldwide. The most popular services are iPhone smartphone, iPad tablet computer, Mac personal computer as hardware products Apple watch smartwatch, Apple Tv as digital media player Airpods wireless earbuds and HomePod as a smart speaker and macOS, iOS, iPad OS, watchOS and TvOS as an operating system at last iTunes and safari as the web browser. 

Last year its total Revenue is 260.174 US$ along with an operating income is US$63.930 billion and a net income of US$55.256 which helps the company stand in the first position and also makes the world’s largest tech company with the world’s most valuable companies. Steve Jobs died on 5 October 2011 at the age of 56 which is sad for the company and the world so the current CEO is Tim Cook and Arthur D Levison as a chairman handling the company. Apple Inc is considered as one of the Big Tech Companies.

Final Words

So that is all about the top 10 best tech companies in the world 2020. The above list is based on the report published by Fortune. We hope now you got the information which you are looking for. Thanks for choosing our website over millions of other websites to get the information about the top 10 best tech companies in the world.