10 Biggest Tech Hardware Companies
Computer companies today might more accurately be called technology without software companies.
Software companies issue their latest advances at a rapid pace. But computer companies are the anchor on this boat. The computer companies are the ones that design and produce the devices that keep people connected.
And that makes computer companies some of the world’s most profitable operators by market value.
Here are the 10 biggest hardware companies right now. Data is from CompaniesMarketCap.com as of Oct. 6, 2024, unless otherwise specified.
An important note: Investopedia limits its 10-biggest lists to publicly traded companies in the U.S. or Canada, either directly or through American depositary receipts (ADRs). Samsung Electronics and LG Electronics, which are based in Korea, are included because of their importance in the industry and because you can gain exposure to them through Korea-based ETFs.
Key Takeaways
- The world’s biggest computer companies keep people connected through advanced hardware and equipment.
- These companies make computers, mobile phones, printers, and networking tools.
- Apple is the world’s largest tech hardware company and the world’s largest company by market capitalization.
- 2024 Revenue (TTM): $385.60 billion
- 2024 Earnings (TTM): $121.62 billion
- Market Cap: $3.448 trillion
- Exchange: Nasdaq
Apple is a tech giant and a household name. The company designs and manufactures mobile communication devices, personal computers, portable digital music players, and digital watches. The company also sells a range of related software, services, accessories, networking solutions, music and entertainment streaming, as well as third-party digital content and applications. Apple is best known for its series of iPhones, iPads, and Mac personal computers.
- 2024 Revenue (TTM): $209.37 billion
- 2024 Earnings (TTM): $19.77 billion
- Market Cap: $297.35 billion
- Exchange: OTC
Samsung is a South Korea-based multinational corporation that manufactures electronics and computer peripherals through various business segments. It produces semiconductors, personal computers, monitors, televisions, digital cameras, and home appliances such as air conditioners and refrigerators. Samsung also produces internet access network systems and telecommunications equipment, including mobile phones. Its Galaxy mobile phones are a major rival to Apple’s iPhone models.
- 2024 Revenue (TTM): $197.38 billion
- 2024 Net Income (TTM): $6.46 billion
- Market Cap: $84.14 billion
- Exchange: OTC
Hon Hai Precision Industry is a Taiwan-based electronics contract manufacturer for many U.S. and global technology companies. The company is also known as Foxconn Technology Group or simply Foxconn. It designs, develops, and manufactures products related to nanotechnology, heat transfer, wireless connectivity, and material sciences. Foxconn also produces cables, connectors, and personal computer components.
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- 2024 Revenue (TTM): $91.83 billion
- 2024 Earnings (TTM): $5.49 billion
- Market Cap: $84.53 billion
- Exchange: New York Stock Exchange
Dell is a holding company that provides information technology (IT) hardware, software, and service solutions through its subsidiaries. It produces laptops, desktops, tablets, workstations, servers, monitors, printers, gateways, software, and storage. Dell also provides cloud management, networking and security, and other end-user computing offerings.
- 2024 Revenue (TTM): $87.21 billion
- 2024 Earnings (TTM): $8.77 billion
- Market Cap: $115.69 billion
- Exchange: New York Stock Exchange
Sony is a Japan-based multinational conglomerate that develops, designs, and manufactures electronic equipment, instruments, personal computers, home audio and entertainment systems, devices, game consoles, mobile phones, and software. The company also has a semiconductor solutions segment that produces image sensors and camera modules.
- 2024 Revenue (TTM): $56.86 billion
- 2024 Earnings (TTM): $1.64 billion
- Market Cap: $18.36 billion
- Exchange: OTC
Lenovo is a Hong Kong-based multinational technology company that develops and manufactures various technology products and services. It produces personal computers, workstations, servers, storage, smart televisions, and mobile products such as smartphones, tablets, and applications. The company also provides internet and IT services.
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- 2024 Revenue (TTM): $55.12 billion
- 2024 Earnings (TTM): $1.03 billion
- Market Cap: $96.59 billion
- Exchange: Nasdaq
Intel is an American electronics company. It is the largest public semiconductor chip maker in the country. The company produces and sells microprocessors. This includes the x86 microprocessor, which is in nearly every personal computer in the world. Major companies including Apple, Dell, and HP buy these microprocessors to put in their personal computers.
- 2024 Revenue (TTM): $64.57 billion
- 2024 Earnings (TTM): $5.57 billion
- Market Cap: $13.14 billion
- Exchange: OTC
LG is a South Korea-based multinational electronics company that manufactures digital display equipment and home appliances. Its products include flat panel televisions, A/V products, personal computers, washing machines, air conditioners, refrigerators, LED lighting, and telecommunications equipment such as smartphones and tablets.
- 2024 Revenue (TTM): $57.97 billion
- 2024 Earnings (TTM): $3.09 billion
- Market Cap: $20.70 billion
- Exchange: OTC
Panasonic is a Japan-based multinational electronics manufacturer. The company develops and manufactures home appliances such as refrigerators and washing machines, car navigation systems, digital devices, computer peripherals, telecommunications, industrial equipment, lighting fixtures and electric lamps, and various electronic parts.
10. HP (HPQ)
- 2024 Revenue (TTM): $53.32 billion
- 2024 Earnings (TTM): $3.77 billion
- Market Cap: $34.67 billion
- Exchange: New York Stock Exchange
HP is a multinational IT company that provides personal computing and other access devices, imaging and printing products, as well as related technologies, solutions, and services. The company offers commercial and consumer desktop and notebook personal computers, and workstations. It also provides consumers and businesses with mobility devices, printer hardware, supplies, scanning devices, and more.
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