The World’s 12 largest technology companies in the world of 2020-Technology are the key in helping to form a better civilization in terms of quality human beings. Moreover, many technology companies are competing massively to produce innovative and quality products along with the rapidly developing world. Of course, these companies are widely known by most people in the world because they usually use a lot of products/services from these companies. The following are some of the world technology companies’ rankings based on the financial company reports / annual reports for 2020.
Table of Rank 12 World’s largest technology companies in the world of 2020
|Rank||Name of Companies||Profit/ Net Income|
|2||Microsoft Corporation||$44.2 billion|
|5||Tencent Corporation||160 Billion Yuan / $24 Billion Dollar|
|6||Samsung Electronic||$22.3 billion|
|7||Intel Corporation||$20.8 billion|
|8||Taiwan Semiconductor||$18.3 billion|
|9||Cisco Systems||$11.2 billion|
|10||Oracle Corporation||$10.1 billion|
|12||Dell Technologies||$3.5 billion|
|Currency Rate :|
|1 US Dollar = 6.48 RMB (Yuan)|
The 12 World’s largest technology companies in the world of 2020 based on the financial reports / annual reports 2020 published by each company. In additional data, here are some descriptions of the assets and liabilities of the company. these data are taken from the balance sheet of the annual report in 2020.
|Name of Company||Assets||Liabilities|
|Apple||323 billion US Dollar||258 billion US Dollar|
|Microsoft Corporation||301 billion US Dollar||183 billion US Dollar|
|Alphabet||319 billion US Dollar||97 billion US Dollar|
|159 billion US Dollar||31 billion US Dollar|
|Tencent Corporation||1,333 billion RMB (205 billion US Dollar)||555 billion RMB (85 billion US Dollar)|
|Samsung Electronic||320 billion US Dollar||86 billion US Dollar|
|Intel Corporation||153 billion US Dollar||72 billion US Dollar|
|Taiwan Semikonduktor||98 billion US Dollar||32 billion US Dollar|
|Cisco Systems||94 billion US Dollar||56 billion US Dollar|
|Oracle Corporation||115 billion US Dollar||102 billion US Dollar|
|Dell Technologies||123 billion US Dollar||115 billion US Dollar|
|IBM||155 billion US Dollar||135 billion US Dollar|
|Information of Currency Rate :|
|1 US Dollar = 6.48 RMB (Yuan)|
Apple Incorporated Or Apple Inc. is one of the 12 world’s largest technology companies in 2020. Geographically, this company has its main office in Apple Park, Cupertino, California. Founded by Steve Jobs, Steve Wozniak, and Ronald Wayne in 1976, the company encounter ups and downs performance with the precipitous journey. When Steve Jobs lead this company, they grew to become one of the leading US companies at that time. However, his conflict with John Sculley (Marketing Director) saw him leave and John Sculley took over his position. Since the departure of Steve Jobs, the company has gradually declined and reached the lowest level.
After returning to become CEO of Apple in 1997, Steve Jobs began to improve the performance of the company that he founded before. With a variety of innovative products launched such as the iPhone, iPod Touch, and iPad, its financial performance is starting to improve. However, in 2011, Steve Jobs died and was replaced by Timothy Cook or commonly known as Tim Cook. Until now, Tim Cook is still the CEO of Apple. Furthermore, based on the annual report of 2020, Apple recorded brilliant performance among other technology companies by posting a net profit of $ 57.4 billion US dollars.
Founded on April 4, 1975, by Bill Gates and Paul Allen, Microsoft Corporation is ranked the second world’s largest technology companies in 2020. Financially, the net profit generated by this company reached $ 44.2 billion. Until now, this Redmond, Washington-based company still exists as a global company with its Windows software as a core product. Moreover, it is still the leader in operating system-based information technology.
Bill Gates and the other Microsoft team are credited with developing Microsoft that can change the fortune of this company. With the high demand for Windows on the market and widely used as a computer operating system in various parts of the world, of course, it has an impact on the overall business and financial performance of Microsoft. Until now, along with the changing leadership era of Bill Gates, Steve Ballmer, and now Satya Nardella, Microsoft continues to compete with other companies in increasing its innovative products.
Alphabet is the 3rd largest company in the world of information technology companies formed on October 2, 2015, and has its main office in Mountain View, California. This company oversees the Google business unit and several subsidiaries such as X Development, Calico, Nest, Verily, Fiber, Makani, and CapitalG. Maybe ordinary people know Google or Youtube, Gmail, Google Map as products that are commonly used in daily activities but don’t know the Alphabet.
Google, which was founded in 1998 by Larry Page and Sergey Brin. In fact, Google can beat Yahoo to become the leader of the world’s biggest search engines. Until now, various products from Alphabet based on websites and applications have enjoyed many people around the world.
Along with the development of the company, some of the resulting products include work and productivity applications (Google Docs, Google Sheets, and Google Slides), email (Gmail), scheduling and time management (Google Calendar), cloud storage (Google Drive), instant messaging and video chat (Google Duo, Hangouts, Google Chat, and Google Meet), language translation (Google Translate), mapping and navigation (Google Maps, Waze, Google Earth, and Street View), podcast hosting (Google Podcasts), video sharing (YouTube), blog publishing (Blogger), recording (Google Keep and Jamboard), and photo editing and management (Google Photos). Furthermore, Until 2020, based on the annual financial report 2020, the total profit generated by this company reach $ 40.2 billion US Dollars.
Founded in February 2004 and has its main office in Menlo Park, California, United States, Facebook has become one of the fastest-growing information technology companies. The founders of this company are Mark Zuckerberg along with his roommates and fellow Harvard University students, Eduardo Saverin, Andrew McCollum, Dustin Moskovitz, and Chris Hughes. With many users spread all over the world, Facebook has become the leader of social media today. However, the acquisition of Instagram in 2012 with a valued at the US $ 1 billion and Whatsapp in 2014 valued at the US $ 19 billion, it certainly strengthens the position of this company to become a world-class company. Until 2020, based on the annual report published by the company, the profits earned during that period reached $ 29.1 billion US dollars.
5. Tencent Holdings Ltd.
Tencent is the largest video game vendor in the world and one of the most valuable companies. Founded on November 11, 1998, by Ma Huateng, Zhang Zhidong, Xu Chenye, Chen Yidan, Zeng Liqing, this company has transformed into a leading technology company in the world and China. Until now, its headquarters are in the skyscraper Tencent Seafront Towers (Tencent Binhai Mansion) located in Nanshan District, Shenzhen, China. In 2020, based on the company’s financial report / annual report, the profit achieved by this company reaches $ 24 billion US dollars.
6. Samsung Electronic
Samsung Electronics is a multinational technology company that has its main office in Samsung Town, Seoul, South Korea. Founded by Lee Byung-Chul on March 1, 1938, the company was initially engaged in trading and later expanded into various fields. In the 1969’s, this company began to develop its business in the field of electronics and technology. Now, various products produced include semiconductor products, electronic devices, computer equipment, and household appliances. In 2020, based on data from the company’s financial statements (annual report), the value of profits generated by this company will reach $ 22.3 billion US dollars.
7. Intel Corporation
Intel is one of the world’s leading semiconductor companies with a computer processor chip that it has produced. Many computer companies are partners with Intel to support chip processors in their products. Lenovo, Dell, and Hewlett Packard are some examples of corporate partners who entrusted the manufacture of their Processor Chips to Intel. Based on its history, the company was founded on July 18, 1968, by Gordon Moore and Robert Noyce. Now, the company is based in Santa Clara, California, United States and in 2020, based on the company’s financial report (annual report), the company’s profits reach $ 20.8 billion US dollars.
8. Taiwan Semiconductor
Founded in Taiwan in 1987 by Morris Chang, Taiwan Semiconductor Manufacturing Company Limited (TSMC) is one of the leading fast-growing semiconductor companies. Many global companies entrust their products to this company and companies such as Advanced Micro Devices (AMD), Apple Inc., Broadcom Inc., Marvell, MediaTek, Nvidia, and Qualcomm are some of the company’s consumer partners. Finally, Until 2020, Based on the financial reports published by the company (annual report), this company recorded a profit of $ 18.3 billion US dollars.
Cisco Systems, Inc. adalah perusahaan teknologi multinasional Amerika yang berkantor pusat di San Jose, California, di pusat Silicon Valley. Perusahaan ini mengembangkan, dan menjual perangkat keras jaringan, perangkat lunak. Perusahaan ini didirikan oleh Leonard Bosack dan Sandy Lerner pada 10 December 1984. Hingga tahun 2020, berdasarkan laporan keuangan tahunan perusahaan, keuntungan perusahaan ini mencapai $11.2 Milyar US Dollar atau setara dengaan 156,8 Triliun Rupiah.
Cisco Systems, Inc. is an American multinational technology company that has its main office in San Jose, California, in the heart of Silicon Valley. This company develops and sells network hardware, software. The company was founded by Leonard Bosack and Sandy Lerner on December 10, 1984. By 2020, based on the company’s annual financial statements, the company’s profits reached $ 11.2 billion US Dollars.
Oracle is an American multinational computer technology company headquartered in Austin, Texas. Founded by Larry Ellison, Bob Miner, and Ed Oates on June 16, 1977. Now, this company has transformed into a leading company with a variety of products such as Java programming, MySQL Database Applications, and various other software. Until 2020, this company has generated a profit of $ 10.1 Billion US Dollars.
International Business Machines Corporation (IBM) was founded on June 16, 1911, by Charles Ranlett Flint. Until now, this company is still headquartered in Armonk, New York, United States. Operationally, IBM manufactures and sells computer hardware, middleware, and software, and provides hosting and consulting services in areas ranging from mainframe computers to nanotechnology. In 2020, this company will earn a profit of $ 5.5 billion US dollars.
12. Dell Computer
Founded on February 1, 1984, by Michael Dell, the company has grown into a well-known company by marketing a variety of products such as personal computers (PCs), servers, data storage devices, network switches, software, computer peripherals, HDTVs, cameras, printers, and electronics. made by other manufacturers. In 2020, the company based in Round Rock, Texas recorded a profit of $ 3.5 Billion US Dollars.
Sources of the 12 World’s Largest Technology Companies in the World in 2020:
Alphabet. 2020. Annual Report 2020. Accessed via https://abc.xyz/investor/ on 12 May 2021
Apple Inc. 2020. Annual Report 2020. Accessed via https://investor.apple.com/investor-relations/default.aspx#tabs_content–2021 on 12 May 2021
Cisco System. 2020. Annual Report 2020. Accessed via https://investor.cisco.com/home/default.aspx on 11 May 2021
Dell Computer. 2020. Annual Report 2020. Accessed via https://investors.delltechnologies.com/ on 13 May 2021
Facebook. 2020. Annual Report 2020. Accessed via https://investor.fb.com/home/default.aspx on 12 May 2021
IBM. 2020. Annual Report 2020. Accessed via https://www.ibm.com/investor on 11 Meri 2021
Intel Corporation. 2020. Annual Report 2020. Accessed via https://www.intc.com/financial-info on 12 May 2021
Microsoft Corporation. 2020. Annual Report 2020. Accessed via https://www.microsoft.com/en-us/investor on 11 May 2021
Oracle. 2020. Annual Report 2020. Accessed via https://investor.oracle.com/financials/default.aspx on 12 May 2021
Samsung Electronics. 2020. Annual Report 2020. Accessed via https://www.samsung.com/global/ir/ on 12 May 2021
Tencent. 2020. Annual Report 2020. Accessed via https://www.tencent.com/en-us/investors.html#investors-con-1 on 12 May 2021
Taiwan Semiconductor. 2020. Annual Report 2020. Accessed via https://investor.tsmc.com/english/annual-reports on 12 May 2021