Top 10 Largest Electronics Companies in the World 2020 | Electronics Industry Factsheet (2024)

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.

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

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.

Top 10 Largest Electronics Companies in the World 2020 | Electronics Industry Factsheet (2024)

FAQs

Top 10 Largest Electronics Companies in the World 2020 | Electronics Industry Factsheet? ›

  • Apple Inc.
  • Samsung Electronics.
  • Hon Hai Precision Industry (Foxconn)
  • Huawei.
  • Dell Technologies.
  • Hitachi.
  • Panasonic.
  • Intel.
May 1, 2020

Which is the best electronics brand in the world? ›

Top 10 Consumer Electronics Brands in Digital
  • Samsung (Samsung Electronics Co.) Digital IQ: 140. ...
  • Dell (Dell Inc.) Digital IQ: 138. ...
  • HP (Hewlett-Packard Company) Digital IQ: 138. ...
  • Apple (Apple Inc.) Digital IQ: 135. ...
  • LG (LG Corporation) Digital IQ: 134. ...
  • Canon (Canon Inc.) ...
  • Nikon (Mitsubishi) ...
  • Sony (Sony Corporation)
Oct 19, 2015

How many electronics companies are there in the world? ›

There are 3,963 Global Consumer Electronics Manufacturing businesses as of 2022, an increase of 0.5% from 2021. Has the number of Global Consumer Electronics Manufacturing businesses grown or declined over the past 5 years?

Which country leads in electronics? ›

China, Hong Kong, and the U.S. are the leaders in electronics production. In recent years, China has been implementing more eco-friendly manufacturing techniques in an effort to reduce the production of harmful greenhouse gases.

Which company is No 1 in electronics? ›

Top 10 Largest Electronics Companies in the World by Revenue in 2020
RankCompanyRevenue (USD billions)
1Apple Inc.260.17
2Samsung Electronics221.6
3Hon Hai Precision Industry175.62
4Huawei122.97
6 more rows
May 1, 2020

Which is the largest electronic market in the world? ›

Huaqiangbei

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

Samsung Electronics

Which is the No 1 electronic company in India? ›

1. Bosch India. Bosch, founded in the year 1951, is one of the leading electronics companies in India. The company has its headquarters situated in Bangalore, India.

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 electronic company is best in India? ›

These are the top electronics manufacturing companies in India 2021:
  • Bosch India. Bosch, founded in the year 1951, is one of the leading electronics companies in India. ...
  • Havells India. ...
  • Godrej and Boyce. ...
  • Whirlpool India. ...
  • Voltas.
Jul 1, 2021

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

Samsung Electronics

Which electronic company is best in Pakistan? ›

Below, we'll discuss some of the top brands in home appliances in Pakistan:
  • Samsung. One of the top-notch brands, Samsung delivers the best electronic appliances all through Pakistan. ...
  • Whirlpool. ...
  • Haier. ...
  • LG. ...
  • Rays. ...
  • Corona. ...
  • Bosch.

What is electronic company? ›

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

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