10 Biggest Tech Hardware Companies

Technological advances in the computer and electronics industries move at a rapid pace. But, technology without software is simply a boat anchor. The companies that design and produce the devices that keep people connected are some of the world's most profitable and biggest by market value.

These companies produce a broad range of advanced hardware and equipment, ranging from personal computers and mobile phones to printers and networking tools. Some of these companies also manufacture home appliances like refrigerators, washing machines, and microwaves. All of these devices can be called tech hardware because they are light years ahead of earlier products and are packed with the latest technology.

Below we look at the 10 biggest hardware companies by 12-month trailing (TTM) revenue. Some companies outside the U.S. report profits semi-annually instead of quarterly, so the 12-month trailing data may be older than it is for companies that report quarterly. Data is courtesy of YCharts unless otherwise specified. All figures are as of Jan. 11, 2023.

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). But Samsung Electronics and LG Electronics, which are based in Korea, are included because of their importance in the industry and because you can still gain exposure to them through Korea-based ETFs.

1. Apple (AAPL)

• Revenue (TTM): $394.33 billion
• Net Income (TTM): $99.80 billion
• Market Cap: $2.08 trillion
• 1-Year Trailing Total Return: -23.64%
• 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.

2. Samsung Electronics (SSNLF)

• Revenue (TTM): $247.70 billion
• Net Income (TTM): $33.73 billion
• Market Cap: $275.78 billion
• 1-Year Trailing Total Return: -29.26%
• 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.

3. Hon Hai Precision Industry (HNHPF)

• Revenue (TTM): $227.10 billion
• Net Income (TTM): $5.06 billion
• Market Cap: $45.57 billion
• 1-Year Trailing Total Return: -6.66%
• 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.

4. Dell Technologies (DELL)

• Revenue (TTM): $105.25 billion
• Net Income (TTM): $1.83 billion
• Market Cap: $30.43 billion
• 1-Year Trailing Total Return: -27.33%
• 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.

5. Sony (SONY)

• Revenue (TTM): $83.91 billion
• Net Income (TTM): $7.60 billion
• Market Cap: $101.42 billion
• 1-Year Trailing Total Return: -33.19%
• 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.

6. Lenovo Group (LNVGY)

• Revenue (TTM): $70.87 billion
• Net Income (TTM): $2.11 billion
• Market Cap: $10.10 billion
• 1-Year Trailing Total Return: -23.79%
• 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.

7. Intel (INTC)

• Revenue (TTM): $69.54 billion
• Net Income (TTM): $13.30 billion
• Market Cap: $121.50 billion
• 1-Year Trailing Total Return: -44.57%
• 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 like Apple, Dell, and HP also buy these microprocessors to put in their personal computers.

8. LG Electronics (066570)

• Revenue (TTM): $66.98 billion
• Net Income (TTM): $1.29 billion
• Market Cap: $12.21 billion
• 1-Year Trailing Total Return: -30.58%
• 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.

9. Panasonic (PCRFY)

• Revenue (TTM): $63.90 billion
• Net Income (TTM): $1.69 billion
• Market Cap: $19.21 billion
• 1-Year Trailing Total Return: -25.63%
• 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)

• Revenue (TTM): $62.98 billion
• Net Income (TTM): $3.20 billion
• Market Cap: $28.57 billion
• 1-Year Trailing Total Return: -22.94%
• 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.