25 World’s Largest Technology Companies in 2024

 

25 World’s Largest Technology Companies in 2024 – According to the Annual Report of technology companies in 2024, there are 25 World’s Largest Technology Companies. Financially, these companies have billions of US Dollars of revenue, net income, and total assets. From time to time, many people still fully depend on these companies to help with their daily desk or jobs. Maybe some of our lives were driven by their products and services and some people know these companies due to the massive impact on our life.

 

Financially, technology companies always strive to serve innovative products with miscellaneous differentiation. Some of their products can simplify our activity. Here are the 25 World’s Largest Technology companies. This data was obtained from the Annual Report of the company in 2024. Basically, the data were analyzed and ranked by assets and net income. Therefore, the business performance and financial position of the company can become an indicator of the levels of the company.

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25 World’s Largest Technology Companies Based on Total Assets in 2024

 

Rank	Name of Technology Company	Total Assets	Total Assets	Total Liabilities	Total Liabilities
		Origin Currency	US Dollar (USD)	Origin Currency	US Dollar (USD)
1	Amazon	USD 624 billion	USD 624 billion	USD 339 billion	USD 339 billion
2	Microsoft Corporation	USD 512 billion	USD 512 billion	USD 243 billion	USD 243 billion
3	Alphabet Inc	USD 450 billion	USD 450 billion	USD 125 billion	USD 125 billion
4	Samsung Electronic	USD 377 billion	USD 377 billion	USD 82.4 billion	USD 82.4 billion
5	Apple Inc	USD 364 billion	USD 364 billion	USD 309 billion	USD 309 billion
6	Meta Platforms	USD 276 billion	USD 276 billion	USD 93.4 billion	USD 93.4 billion
7	Tencent Corporation	RMB 1,780 billion	USD 249 billion	RMB 727 billion	USD 101.8 billion
8	Alibaba	USD 248 billion	USD 248 billion	USD 98.4 billion	USD 98.4 billion
9	Sony	JPY 35,293 billion	USD 243 billion	JPY 26,783 billion	USD 185 billion
10	Taiwan Semiconductor Manufacturing Company (TSMC)	TWD 6,691 billion	USD 227 billion	TWD 2,368 billion	USD 80.5 billion
11	Intel Corporation	USD 196.4 billion	USD 196.4 billion	USD 91.4 billion	USD 91.4 billion
12	Huawei	USD 176.8 billion	USD 176.8 billion	USD 102 billion	USD 102 billion
13	Oracle Corporation	USD 168.4 billion	USD 168.4 billion	USD 147 billion	USD 147 billion
14	Broadcom	USD 165.6 billion	USD 165.6 billion	USD 97.9 billion	USD 97.9 billion
15	Hon Hai Precision Industry (FOXCONN)	TWD 4,394 billion	USD 149 billion	TWD 2,542 billion	USD 86 billion
16	IBM	USD 137 billion	USD 137 billion	USD 109.7 billion	USD 109.7 billion
17	Cisco Systems	USD 124 billion	USD 124 billion	USD 79 billion	USD 79 billion
18	NVIDIA	USD 111.6 billion	USD 111.6 billion	USD 32.2 billion	USD 32.2 billion
19	Salesforce	USD 102.9 billion	USD 102.9 billion	USD 41.73 billion	USD 41.73 billion
20	Hitachi	JPY 13,284 billion	USD 91.6 billion	JPY 7,253 billion	USD 50 billion
21	SAP SE	EUR 74.1 billion	USD 82.2 billion	EUR 28.3 billion	USD 31.4 billion
22	Dell Technologies	USD 82 billion	USD 82 billion	USD 84.3 billion	USD 84.3 billion
23	Advanced Micro Devices (AMD)	USD 69.2 billion	USD 69.2 billion	USD 11.7 billion	USD 11.7 billion
24	Accenture	USD 55.9 billion	USD 55.9 billion	USD 26.76 billion	USD 26.76 billion
25	Qualcomm	USD 55.1 billion	USD 55.1 billion	USD 28.8 billion	USD 28.8 billion
26	ASML	EUR 48.5 billion	USD 53.8 billion	EUR 30.1 billion	USD 33.4 billion
27	Hewlett-Packard (Hp)	USD 39.91 billion	USD 39.91 billion	USD 41.2 billion	USD 41.2 billion
27	Lenovo	USD 38.1 billion	USD 38.1 billion	USD 32 billion	USD 32 billion
Source: Annual Report, 2024
Origin Currency: Currency Which Officially Used in Annual Report of 2024
US Dollar: Converted Currency from Origin Currency into US Dollar Based on Currency Rates
Currency Rates:
	1 Taiwan Dollar (TWD) = 0.034 US Dollar (USD)
	1 Renminbi (RMB) = 0.14 US Dollar (USD)
	1 Japanese Yen (JPY) = 0.0069 US Dollar (USD)
	1 Euro (EUR) = 1.11 US Dollar (USD)

 

 

The rank above was arranged by the assets of the company in 2024. The condition of assets, liabilities, and equities comes from the Balance sheet of the company in 2024. The Balance sheets, basically, describe the financial positions of assets, liabilities, and equities of the company. A strong company has fewer liabilities than assets. The bigger assets ratio than liabilities showed the healthier of the company. With this condition, the company which has fewer debts in doing its business can expand its business effectively. On the contrary, if the liabilities are bigger than the assets, it would be a burden on the company in developing the business in the future.

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25 World’s Largest Technology Companies Based on Net Income/ Profit in 2024

 

Rank	Name of Technology Company	Total Revenue	Total Revenue	Net Income	Net Income
		Origin Currency	US Dollar (USD)	Origin Currency	US Dollar (USD)
1	Alphabet	USD 350 billion	USD 350 billion	USD 100 billion	USD 100 billion
2	Apple	USD 391 billion	USD 391 billion	USD 93.7 billion	USD 93.7 billion
3	Microsoft Corporation	USD 245 billion	USD 245 billion	USD 88 billion	USD 88 billion
4	NVIDIA	USD 130 billion	USD 130 billion	USD 72.8 billion	USD 72.8 billion
5	Meta Platforms	USD 164 billion	USD 164 billion	USD 62.3 billion	USD 62.3 billion
6	Amazon	USD 637 billion	USD 637 billion	USD 59.2 billion	USD 59.2 billion
7	Taiwan Semiconductor Manufacturing Company (TSMC)	TWD 2,894 billion	USD 98.3 billion	TWD 1,172 billion	USD 39.8 billion
8	Tencent Corporation	RMB 660 billion	USD 92.4 billion	RMB 196.4 billion	USD 27.4 billion
9	Samsung Electronic	USD 220 billion	USD 220 billion	USD 25.2 billion	USD 25.2 billion
10	Alibaba Group	USD 137 billion	USD 137 billion	USD 17.3 billion	USD 17.3 billion
11	Oracle Corporation	USD 57.4 billion	USD 57.4 billion	USD 12.4 billion	USD 12.4 billion
12	Cisco Systems	USD 53.8 billion	USD 53.8 billion	USD 10.3 billion	USD 10.3 billion
13	Qualcomm	USD 38.96 billion	USD 38.96 billion	USD 10.14 billion	USD 10.14 billion
14	Huawei	USD 118 billion	USD 118 billion	USD 8.5 billion	USD 8.5 billion
15	ASML	EUR 28.2 billion	USD 31.3 billion	EUR 7.57 billion	USD 8.4 billion
16	Accenture	USD 64.9 billion	USD 64.9 billion	USD 7.42 billion	USD 7.42 billion
17	Sony	JPY 12,043 billion	USD 83 billion	JPY 1,067 billion	USD 7.3 billion
18	Salesforce	USD 37.89 billion	USD 37.89 billion	USD 6.1 billion	USD 6.1 billion
19	IBM	USD 62.7 billion	USD 62.7 billion	USD 6 billion	USD 6 billion
20	Broadcom	USD 51.5 billion	USD 51.5 billion	USD 5.9 billion	USD 5.9 billion
21	Hon Hai Precision Industry (FOXCONN)	TWD 6,859 billion	USD 233 billion	TWD 171 billion	USD 5.8 billion
22	Hitachi	JPY 9,783 billion	USD 67.5 billion	JPY 656 billion	USD 4.5 billion
23	SAP SE	EUR 34.1 billion	USD 37.8 billion	EUR 3.1 billion	USD 3.4 billion
24	Dell Technologies	USD 88.4 billion	USD 88.4 billion	USD 3.2 billion	USD 3.2 billion
25	Hewlett-Packard (Hp)	USD 53.56 billion	USD 53.56 billion	USD 2.7 billion	USD 2.7 billion
26	Advanced Micro Devices (AMD)	USD 25.7 billion	USD 25.7 billion	USD 1.6 billion	USD 1.6 billion
27	Lenovo	USD 56.8 billion	USD 56.8 billion	USD 1.1 billion	USD 1.1 billion
28	Intel Corporation	USD 53.1 billion	USD 53.1 billion	(USD -19.2 billion)	(USD -19.2 billion)
Source: Annual Report, 2024
Origin Currency: Currency Which Officially Used in Annual Report of 2024
US Dollar: Converted Currency from Origin Currency into US Dollar Based on Currency Rate
Currency Rates:
	1 Taiwan Dollar (TWD) = 0.034 US Dollar (USD)
	1 Renminbi (RMB) = 0.14 US Dollar (USD)
	1 Japanese Yen (JPY) = 0.0069 US Dollar (USD)
	1 Euro (EUR) = 1.11 US Dollar (USD)

 

The Rank of the Rank of the Companies above is based on the Net income/ profit in 2024. This data was obtained from the Income statement of the company in 2024. The income statement, basically, describes the revenue, cost of goods sold, and income/loss of the company in a specific period. In this article, the income statement showed the business performance of the company in the period of 2024.

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Brief Description of 25 World’s Largest Technology Companies in 2024

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1. Apple Inc

 

Apple Inc. is an American technology company and has become the leader in the technology industry. Many people in the world know this company with unique products and can influence people’s habits. Commonly, as of 2025, Apple Inc. offers a range of notable products, including:

●       iPhone

The iPhone® represents the company's line of smartphones operating on the iOS platform. The current lineup includes the iPhone 16 Pro, iPhone 16, iPhone 15, iPhone 14, and iPhone SE®.

●       Mac

Mac® refers to Apple's series of personal computers, which utilize the macOS® operating system. This portfolio covers both laptops—such as the MacBook Air® and MacBook Pro®—and desktop models, including iMac®, Mac mini®, Mac Studio®, and Mac Pro®.

●       iPad

iPad® designates Apple's collection of multipurpose tablets running on iPadOS®. The range comprises iPad Pro®, iPad Air®, iPad, and iPad mini®.

●       Wearables, Home, and Accessories

The Wearables segment encompasses smartwatches, wireless headphones, and spatial computing devices. Apple’s smartwatch range, powered by watchOS, includes Apple Watch Ultra® 2, Apple Watch® Series 10, and Apple Watch SE®. Its wireless headphone offerings consist of AirPods®, AirPods Pro®, AirPods Max®, and Beats® products. Apple Vision Pro™ serves as the company’s initial spatial computer, utilizing the visionOS™ operating system. The Home category features Apple TV®, a media streaming and gaming solution powered by tvOS®, as well as HomePod® and HomePod mini®, which are high-fidelity wireless smart speakers.

Historically, Steve Wozniak, Steve Jobs, and Ronald Wayne started this company. Steve Wozniak and Jobs became the major contributors to shaping this company. Steve Jobs has developed this company since its establishment, and he comes back as a hero when awakening this company from the crisis. Nowadays, under the guidance of Tim Cook, this company strives to stabilize its performance from time to time.

Financially, in 2024, Apple Inc has total assets of around USD 364 billion and total liabilities of around USD 309 billion. Meanwhile, the business performance of Apple is still on the right track because they can gain net income. Financially, in 2024, the company gained total revenue of around USD 391 billion and a net income of around USD 93.7 billion.

 

2. Alphabet

 

Alphabet Inc. is an American holding technology company that has a primary office in Googleplex, Mountain View, California. This company was known for holding Google, Android, and YouTube, some technology companies include Calico, X Development, Nest, and others. Historically, Google was founded by Larry Page and Sergey Brin with the “google” search engine as the first project in competing with yahoo and the others. With tireless effort, Google can become the king of search engines on the internet and can expand and diversify with other products. YouTube, Gmail, Google Cloud, Google Maps, and others are some Google products, and some people use some google products. In artificial intelligence, Alphabet introduced Gemini, and in 2024, Alphabet launched Gemini 2.0 (the improved model) and Google Veo (AI video generation models that can create videos from text prompts or from static images).

Financially, in 2024, Alphabet Inc has total assets of around USD 450 billion with liabilities of around USD 125 billion. This data was obtained from the balance sheet of the company in 2024. Based on the business performance in 2024, the company gained revenue of around USD 350 billion and secured a profit/ net income of USD 100 billion.

 

3. Microsoft Corporation

 

Microsoft Corporation is one of the largest technological companies in 2024. Some people know this company due to the Windows Operating system (OS), Microsoft Office (Word, Excel, PowerPoint, Access, and others). Furthermore, Microsoft has some popular products including LinkedIn social media, Microsoft Azure (cloud computing), Bing (search engine), OneDrive (hosting service), Xbox, Dynamics 365, GitHub, Microsoft Fabric, Microsoft Teams, and others. In the artificially intelligent industry, Microsoft's AI offerings, including Copilot and our Copilot stack. Furthermore, Designer (AI-powered cloud based graphic design application in creating social media posts, invitations, digital postcards, graphics, and more). Historically, this company was founded by Bill Gates and Paul Allen. Because of its innovative products in the operating systems through Windows, this company has become the leader of operating systems in Desktop. After the Resignation of Bill Gates as the CEO, this company is led by Satya Nadella. This company has still become one of the leaders in the technology industry.

Financially, according to the annual report in 2024, this Microsoft Corporation has total assets of around USD 512 billion with total liabilities of around USD 243 billion. According to business performance in 2024, Microsoft can get total revenue of around USD 245 billion and secure a net income of around USD 88 billion.

 

4. Meta Platforms (Facebook)

 

Meta Platforms, Inc. is formerly known as Facebook, Inc. (2005–2021), is a technology company that has become the leader in the social media industry. With some social media such as Facebook, Instagram, and WhatsApp, this company has a huge market and connects billions of people in the world. As of 2024, Meta Platforms develops virtual reality (VR) products, including the Meta Quest line of devices, along with software and content accessible via the Meta Horizon Store. Furthermore, Meta's wearables initiatives encompass augmented reality (AR), featuring a roadmap for future AI-enabled solutions such as the Ray-Ban Meta AI glasses. These glasses incorporate Meta AI, an advanced conversational assistant, and support features like hands-free operation.

 

Historically, this company was founded by some people Mark Zuckerberg, Eduardo Saverin, Andrew McCollum, Dustin Moskovitz, and Chris Hughes. Of all the co-founders, Mark Zuckerberg is the main actor that significantly led the development of Facebook to be the most- favorable social media and guided the company to become the leader in its industry. Nowadays, this company has a central office in Menlo Park, California, U.S. Along with huge progress of internet industries, the company developed the Metaverse as the new platform in the future.

 

Financially, in 2024, the Meta Platforms has total assets of around USD 512 billion and total liabilities of around USD 243 billion. According to business performance in 2024, Meta Platforms successfully gained total revenue of around USD 245 billion and secured profit/ net income of around USD 88 billion.

 

5.Samsung Electronic

 

Samsung Electronic is a Korean technology that is popular with some electronic device products. Basically, some of the well-known products are smartphones, and LED TVs. Furthermore, Samsung also manufactures some electronic components such as lithium-ion batteries, semiconductors, image sensors, camera modules, and displays for their clients. Founded in Suwon, South Korea on January 13th, 1969, this company has huge parts in electronic and technology industries across the countries. Their products can be accepted by people in the world. Nowadays, along with the development of its business, as of 2024, Total employees of Samsung Electronic reached 270,372 people.

 Financially, in 2024, according to the balance sheet, Samsung Electronic has total assets of around USD 377 billion with total liabilities of around USD 82.4 billion. According to business performance in 2024, Samsung Electronic gained total revenue of around USD 220 billion with a secured net income of around USD 25.2 billion.

 

6. Tencent Holdings Ltd

 

Tencent is one of the global leaders in internet and technology companies. Since its founding in 1998, this Shenzhen-based company has become a giant in the technology industry. Some of developing artificial intelligence, frontier technology, some digital content (Tencent games, Tencent video, Tencent news, and others), fintech services (WeChat, QQ Wallet, Tencent Blockchain), tools (Tencent Mobile manager, Tencent Map, QQ browser, and others).

Financially, in 2024, Tencent has total assets around RMB 1,780 billion or equivalent to USD 249 billion and total liabilities around RMB 727 billion or equivalent to USD 101.8 billion. Based on the business performance in 2024, the company gained total revenue around RMB 660 billion or equivalent to USD 92.4 billion. Furthermore, Tencent gained a net income of RMB 196.4 billion or equivalent to USD 27.4 billion.

 

7. Intel Corporation

 

Intel is the leader in the chip processor industry. Some of us know its products in processor products (Laptop, Personal Computers, and some devices). Basically, this company has innovations in cloud computing, data center, Internet of Things, and PC solutions. Historically, this company was founded by Gordon Moore and Robert Noyce in 1968. Nowadays, Intel has its central office in Santa Clara, California. 

 

Financially according to its annual report, in 2024, Intel has total assets of around USD 196.4 billion and total liabilities of around USD 91.4 billion. Furthermore, in 2024, Although gaining total revenue of around USD 53.1 billion, Intel Corporation suffered net losses of around USD -19.2 billion.

 

8. Taiwan Semiconductor Manufacturing Company (TSMC)

 

Taiwan Semiconductor Manufacturing Company (TSMC) is known as one of the leaders in semiconductor companies. Historically, this company was founded by Morris Chang in 1987 and has its central office in Hsinchu Science Park, Taiwan. Basically, this company has partnerships with some global technology companies including AMD, Apple, ARM, Broadcom, Marvell, MediaTek, and Nvidia in the semiconductor business.

 

Financially, in 2024, this company has total assets around TWD 6,691 billion or equivalent to USD 227 billion and total liabilities around TWD 2,368 billion or equivalent to USD 80.5 billion. Based on the business performance in 2024, the company gained revenue of TWD 2,894 billion or equivalent to USD 98.3 billion and gained net income of around TWD 1,172 billion or equivalent to USD 39.8 billion.

 

9.Cisco Systems

 

Cisco Systems, Inc. is one of the largest technology companies that is popular with hardware and software of Networking systems. Historically, this company was founded by Leonard Bosack and Sandy Lerner in 1984 and nowadays has a central office in San Jose, California.

 

Financially, in 2024, Cisco Systems has total assets around USD 124 billion and total liabilities around USD 79 billion. Based on the business performance in 2024, Cisco Systems gained total revenue around USD 53.8 billion and net income around USD 10.3 billion.

 

10. Oracle Corporation

 

Oracle Corporation is a global technology company that has popular products of enterprise software, business software, cloud computing, and computer hardware. Historically, this company was founded by Larry Ellison, Bob Miner, and Ed Oates. Operationally, this company has a central office in Austin, Texas. 

Financially, in 2024, Oracle Corporation has total assets around USD 168.4 billion and total liabilities around USD 147 billion. Based on the business performance in 2024, Oracle Corporation can gain total revenue around USD 57.4 billion and secure net income around USD 12.4 billion.

 

11.Sony

 

Sony is one of the largest companies in the world. Historically, this company was founded in Nihonbashi, Chūō, Tokyo, in 1946 by Masaru Ibuka and Akio Morita. Nowadays, this company has its central office in Sony City, Minato, Tokyo. Basically, this company is popular for some of its innovative electronic products, video games, smartphones, and others.

Financially, in 2024, Sony has total assets around JPY 35,293 billion or equivalent to USD 243 billion and total liabilities around JPY 26,783 billion or equivalent to USD 185 billion. Based on the business performance in 2024, the company gained total revenue around JPY 12,043 billion or equivalent to USD 83 billion. Based on the business performance in 2024, Sony also secured a profit/ net income around JPY 1,067 billion or equivalent to USD 7.3 billion.

 

12.IBM

 

International Business Machines Corporation (IBM) is a global technology company that is popular with some popular software IBM Cloud, IBM Cognos Analytics, IBM Planning Analytics, SQL, Watson Information, SPSS, and others. Financially, in 2024, IBM has total assets around USD 137 billion with total liabilities around USD 109.7 billion. According to business performance in 2024, IBM gained revenue around USD 62.7 billion and net income around USD 6 billion.

 

13.Dell Technologies

 

Dell Technologies is a global technology company that is popular with hardware devices (laptops, personal computers), cloud computing, and data storage. Historically, this company was founded on September 7th, 2015, by Michael Dell. Nowadays, this company has a head office in Round Rock, Texas, U.S.A.

Financially, in 2024, the company has total assets of around USD 82 billion and total liabilities of around USD 84.3 billion. Based on the business performance in 2024, Dell Technologies gained total revenue of around USD 88.4 billion and secured net income around USD 3.2 billion.

 

14.Hitachi

 

Hitachi, Ltd is a Japanese global technology company that is popular with electronic devices, Construction machinery, Défense systems, and other products. Historically, this company was founded by Namihei Odaira in 1910. Operationally, this company has a central office in Marunouchi, Chiyoda-ku, Tokyo, Japan.

Financially, in 2024, Hitachi has total assets around JPY 13,284 billion or equivalent to USD 91.6 billion and total liabilities around JPY 7,253 billion or equivalent to USD 50 billion. Based on the business performance in 2024, the company gained total revenue of around JPY 9,783 billion or equivalent to USD 67.5 billion and net income of around JPY 656 billion or equivalent to USD 4.5 billion.

 

15. Hon Hai Technology Group (Foxconn)

 

Hon Hai Technology Group (Foxconn) is an electronic manufacturer that gives technological solutions. This company has not only expanded in software and hardware development but also in several businesses, namely electric vehicles, digital health and robotics, electric vehicles, digital health and robotics, Artificial Intelligence (AI), semiconductors, and new-generation communications technology, and others.

Financially, in 2024, the Hon Hai Technology Group (Foxconn) has total assets around TWD 4,394 billion or equivalent to USD 149 billion and total liabilities around TWD 2,542 billion or equivalent to USD 86 billion. According to its performance in 2024, the Hon Hai Technology Group (Foxconn) can gain total revenue TWD 6,859 billion or equivalent to USD 233 billion and net income TWD 171 billion or equivalent to USD 5.8 billion.

 

16. Amazon

 

American multinational technology company, focused on e-commerce, cloud computing, online advertising, digital streaming, and artificial intelligence. Historically, Amazon was founded on July 5, 1994, by Jeff Bezos. In the beginning, Amazon focused on the development of the e-commerce platform Amazon.com.

Amazon.com is an e-commerce platform that sells many product lines, including media (books, movies, music, and software), apparel, baby products, consumer electronics, and others. Along with business development, Amazon owns over 100 subsidiary companies, including Amazon Web Services, Audible, Diapers.com, Goodreads, IMDb, Kiva Systems (now Amazon Robotics), One Medical, Shopbop, Teachstreet, Twitch, Zappos, and Zoox.

 

Financially, in 2024, The assets of Amazon reached USD 624 billion with total liabilities around USD 339 billion. Meanwhile, based on the business performance, the revenue of Amazon reached USD 637 billion and successfully gained net Income of around USD 59.2 billion.

 

17. Alibaba

 

Alibaba is a Chinese multinational company that specializes in e-commerce and technology. Until now, Alibaba has been one of the biggest e-commerce companies in the world. The company owns and operates diverse businesses around the world in various sectors. Based on its history, Alibaba was founded by Jack Ma and Peng Lei in Hangzhou, Zhejiang, China on April 4, 1999. 

Along with the company's business development, until now the company has employed around 66 thousand employees worldwide and has operations in more than 200 countries in the world. As of 2022, Alibaba group has some diversified business in some sectors. These businesses include China commerce, international commerce, Local consumer services, Cainiao, Cloud, Digital media and entertainment, Innovation initiatives and others. China commerce segment includes China commerce retail businesses such as Taobao, Tmall, Taobao Deals, Taocaicai, Freshippo, Tmall Supermarket, Sun Art, Tmall Global, Alibaba Health, and 1688.com. Secondly, International commerce segment consists of international commerce retail and wholesale businesses such as Lazada, AliExpress, Trendyol, Daraz and Alibaba.com

 

Based on the financial conditions and business performance in 2024, the Alibaba Group has total assets of USD 248 billion with total liabilities around USD 98.4 billion. Meanwhile, based on the business performance in 2024, the Alibaba group gained total revenue of USD 137 billion with total net Income of USD 17.3 billion.

 

18. Huawei

Huawei Technologies Co., Ltd is a Chinese multinational corporation and technology company headquartered in Longgang, Shenzhen, Guangdong. Commonly, as a global company, Huawei technologies offer some product lines including telecommunications equipment, consumer electronics, electric vehicle autonomous driving systems, and rooftop solar power products. Along with business development, the total employees of Huawei Technologies reached 208,000 people.

Financially, in 2024, the financial condition of Huawei reached USD 176.8 billion with total liabilities of USD 102 billion. Based on the business performance in 2024, Huawei successfully gained revenue of USD 118 billion with total net Income of USD 8.5 billion.

 

19. NVIDIA

 

NVIDIA Corporation or commonly known as NVIDIA is one of the largest technology companies which was founded on April 5, 1993, by Jensen Huang, Chris Malachowsky, and Curtis Priem. Commonly, NVIDIA is still popular with the GPU, the graphics processing unit, which changed the graphical performance in the computing industry. Operationally, NVIDIA still has a primary office in Santa Clara, California, United States. Along with business development, more than 40,000 companies use NVIDIA AI technologies. Some of the products of NVIDIA, namely NVIDIA Omniverse™ platform, RTX (Professional Visualization), CUDA, GeForce, NVIDIA DRIVE Hyperion platform (Automotive).

NVIDIA has had a good positive performance in 2024. Financially, the total assets of NVIDIA in 2024 reached USD 111.6 billion with total liabilities of USD 32.2 billion. Meanwhile, based on the business performance in 2024, NVIDIA successfully gained total revenue of USD 130 billion and gained net Income of USD 72.8 billion.

 

20. Broadcom

 

Broadcom Inc. is an American multinational designer, developer, manufacturer, and global supplier of a wide range of semiconductor and infrastructure software products. Specifically, the semiconductor portfolio of Broadcom includes data center switches and routers, set-top/CMTS, cable modems, PON/DSL, Ethernet NICs, filters and amplifiers, ASIC, wireless connectivity solutions, embedded processors, HDD/SSD controllers, enterprise SAS/SATA/Fibre Channel connectivity, optical isolation/motion encoders/LEDs, and fiber optic solutions. Its infrastructure software portfolio includes enterprise solutions for building, connecting, managing, and securing complex digital environments. Historically, Broadcom was founded in 1961 with headquarters in Stanford Research Park, Palo Alto, California.

Based on the business performance and financial conditions in 2024. Broadcom successfully gained total revenue of   USD 51.5 billion and Net Income of USD 5.9 billion. Furthermore, Broadcom has total assets of USD 165.6 billion with total liabilities of   USD 97.9 billion.

 

21. ASML

Advanced Semiconductor Materials Lithography or ASML Holding N.V. is Dutch technology company, as a joint venture between the Dutch companies ASM and Philips, founded in 1984 with headquartered in Veldhoven, Netherlands. Commonly, ASML focuses on the development and manufacturing of photolithography machines, which are used to produce computer chips. 

 

Based on the financial condition in 2024, the ASML has assets of EUR 48.5 billion or equivalent to USD 53.8 billion with total liabilities of EUR 30.1 billion or equivalent to USD 33.4 billion. Based on the business performance in 2024, the revenue of ASML reached EUR 28.2 billion or equivalent to USD 31.3 billion with Net Income of EUR 7.57 billion or equivalent to USD 8.4 billion.

 

22. SAP SE  

SAP Group is a German multinational software company based in Walldorf, Baden-Württemberg, Germany. Commonly, SAP is one of the leading in enterprise applications software, enterprise resource management applications, supply chain management applications, procurement applications software, travel and expense management software, and enterprise resource planning software. Historically, this company was founded by Dietmar Hopp, Hans-Werner Hector, Hasso Plattner, Klaus Tschira, and Claus Wellenreuther in 1972 and still has headquarters in Walldorf, Baden-Württemberg, Germany. Operationally, The SAP Group has a global presence and employed more than 109,000 people as of December 31, 2024.

Financially, according to its annual report on 2024, SAP has total assets of around EUR 74.1 billion or equivalent to USD 82.2 billion with total liabilities of around EUR 28.3 billion or equivalent to USD 31.4 billion. In terms of business performance in 2024, SAP successfully gained total revenue of around EUR 34.1 billion or equivalent to USD 37.8 billion   and successfully gained net income of around EUR 3.1 billion or equivalent to USD 3.4 billion.

 

23. Salesforce       

Salesforce, Inc. is a global leader in customer relationship management technology, enabling companies in the industry to connect with their customers through the power of data, artificial intelligence (“AI”), CRM and trust. Historically, Salesforce was Founded in 1999 and as of January 2025, Salesforce has 76,453 employees. As of 2024, headquartered in San Francisco, Salesforce has 110 offices across the nations.

Financially, in 2024, Salesforce has total assets of around USD 102.9 billion with total liabilities of around USD 41.73 billion. In terms of business performance in 2024, Salesforce has total revenue of around USD 37.89 billion with net income of around USD 6.1 billion.

 

24. Advanced Micro Devices, Inc. (AMD)       

 

Advanced Micro Devices Inc. (AMD) is an internationally recognized semiconductor company, established on May 1, 1969, and headquartered in Santa Clara, California. Founded by Jerry Sanders along with seven colleagues from Fairchild Semiconductor, AMD has been a key player in the technology industry. For semiconductor manufacturing, AMD collaborates with prominent third-party foundries such as Taiwan Semiconductor Manufacturing Company (TSMC) and GlobalFoundries.

Financially, related to financial conditions and performance in 2024, AMD has total assets of USD 69.2 billion with total liabilities of around USD 11.7 billion. In terms of business performance of 2024, Advanced Micro Devices (AMD) successfully gained total revenue of around USD 25.7 billion with net income of around USD 1.6 billion.

 

25. Accenture

Accenture plc is a global multinational professional services company originating in the United States and headquartered in Dublin, Ireland. Commonly, Accenture specializes in information technology (IT) services and management consulting which was founded in 1989. Operationally, Accenture has 791 thousand employees worldwide and has 9,000+ clients serving across more than 120 countries. Related to global branch offices, Accenture has offices and operations in 49 countries and more than 200 cities.

In terms of financial position, Accenture has total assets of around USD 55.9 billion           with total liabilities of around USD 26.76 billion. Related to business performance in 2024, Accenture successfully gained total revenue of around USD 64.9 billion and successfully gained net income of around USD 7.42 billion

             

26. Lenovo

Founded by Liu Chuanzhi and Danny Lui in 1984, Lenovo Group Limited has grown in serving millions of customers in 180 markets. Operationally, Lenovo has built on its success as the world’s largest PC company with a full-stack portfolio of AI-enabled, AI-ready, and AI-optimized devices (PCs, workstations, smartphones, tablets), infrastructure (server, storage, edge, high performance computing and software defined infrastructure), software, solutions, and services. Lenovo’s continued investment in world-changing innovation is building a more equitable, trustworthy, and smarter future for everyone.

Financially, in 2024, Lenovo has total assets of around USD 38.1 billion with total liabilities of around USD 32 billion. In terms of business performance in 2024, Lenovo successfully gained total revenue of around USD 56.8 billion with net income of around USD 1.1 billion

 

27. Hewlett-Packard

The Hewlett-Packard Company, commonly shortened to Hewlett-Packard (HP), was an American multinational information technology company which was founded by Bill Hewlett and David Packard in 1939 in Palo Alto, California. Along with business development, Hewlett-Packard Company operates in more than 170 countries and HP delivers some devices, including personal computing, printing, 3D printing, hybrid work, gaming, and other related technologies.

In the financial aspects, Hewlett-Packard has total assets of around USD 39.91 billion     with total liabilities of around USD 41.2 billion. In terms of business performance of 2024, Hewlett-Packard successfully gained total revenue of around USD 53.56 billion with successfully gained net income of around USD 2.7 billion.         

 

28. Qualcomm       

Qualcomm is a semiconductor company based in the United States, with its headquarters located in San Diego, California. The company was founded in July 1985 by Irwin Jacobs, Andrew Viterbi, Franklin Antonio, Adelia Coffman, Andrew Cohen, Klein Gilhousen, and Harvey White. As of 2024, Qualcomm employs approximately 49,000 individuals.

In 2024, Qualcomm released various semiconductor products, including:

●       Mobile chips: Snapdragon Series (Snapdragon 8 Series, Snapdragon 7 Series, Snapdragon 6 Series, and Snapdragon 4 Series)

●       5G & Connectivity Solutions: Snapdragon X Modems, RF Front-End (RFFE), FastConnect 7800, Qualcomm Networking Pro Series

●       Automotive Semiconductors: Snapdragon Digital Chassis, Snapdragon Ride, Snapdragon Auto Connectivity

●       AI & Edge Computing Solutions: Qualcomm AI Engine, Qualcomm Cloud AI 100, Hexagon Processor

●       IoT (Internet of Things): Snapdragon Wear, Qualcomm Robotics RB6, Qualcomm QCS Series

●       XR (Extended Reality) Chips: Snapdragon XR2 Gen 2, Snapdragon XR1

●       Computing & Laptop Chips: Snapdragon Compute

These product lines highlight Qualcomm's innovation and commitment to advancing technology across multiple sectors.

Financially, according to its annual report of 2024, Qualcomm has total assets of USD 55.1 billion with total liabilities of around USD 28.8 billion. In terms of business performance in 2024, Qualcomm successfully gained total revenue of around USD 57.4 billion with net income of around USD 12.4 billion.

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The Summary of World’s Largest Technology Companies in 2024 Based on Total Assets

 

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The Summary of World’s Largest Technology Companies in 2024 Based on Net Income

 

 

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Bibliography of 20 World’s Largest Technology Companies om 2024 

 

Apple. 2025. Annual Report 2024. Accessed via https://investor.apple.com/investor-relations/default.aspx  on June 1st, 2025.

 

Alphabet. 2025. Annual Report 2024. Accessed via https://abc.xyz/investor/  on June 1st, 2025.

 

Microsoft Corporation. 2025. Annual Report 2024. Accessed via https://www.microsoft.com/en-us/Investor/annual-reports.aspx  on June 1st, 2024.

 

Meta Platforms (Facebook). 2025. Annual Report 2024. Accessed via https://investor.fb.com/financials/default.aspx  on June 1st, 2025.

 

Samsung Electronics. 2025. Annual Report 2024. Accessed via https://www.samsung.com/global/ir/reports-disclosures/sustainability-reports/  on June 1st, 2025.

 

Tencent Corporation. 2025. Annual Report 2024. Accessed via https://www.tencent.com/en-us/investors/financial-reports.html  on June 1st, 2025.

 

Intel Corporation. 2025. Annual Report 2024. Accessed via https://www.intc.com/filings-reports/annual-reports  on June 1st, 2025.

 

Taiwan Semiconductor. 2025. Annual Report 2024. Accessed via https://investor.tsmc.com/english/annual-reports on June 1st, 2025.

 

Cisco Systems. 2025. Annual Report 2024. Accessed via https://www.cisco.com/c/en/us/about/annual-reports.html   on June 1st, 2025.

 

Oracle Corporation. 2025. Annual Report 2024. Accessed via https://investor.oracle.com/financials/default.aspx   on June 1st, 2025.

 

Sony. 2025. Annual Report 2024. Accessed via https://www.sony.com/en/SonyInfo/IR/library/ar/Archive.html  on June 1st, 2025.

 

IBM. 2025. Annual Report 2024. via https://www.ibm.com/investor/financials/financial-reporting  on June 1st, 2025.

 

Dell Technologies. 2025. Annual Report 2024. Accessed via https://investors.delltechnologies.com/  on June 1st, 2025.

 

Hitachi. 2025. Annual Report 2024. Accessed via https://www.hitachi.com/IR-e/library/integrated/index.html  on on June 1st, 2025.

 

Foxconn. 2025. Annual Report 2024. Accessed via https://www.honhai.com/en-us/investor-relations/financial-information/annual-reports  on June 1st, 2025.

 

Alibaba Group. 2025. Annual Report 2024. Accessed via  https://www.alibabagroup.com/en-US/ir-financial-reports-financial-results    on June 1st, 2024.

 

NVIDIA. 2025. Annual Report 2024. Accessed via https://investor.nvidia.com/financial-info/annual-reports-and-proxies/default.aspx on June 1st, 2025.

 

Broadcom. 2025. Annual Report 2024. Accessed via https://investors.broadcom.com/financial-information/annual-reports on June 1st, 2025.

 

ASML. 2025. Annual Report 2024. Accessed via https://www.asml.com/en/investors/annual-report on June 1st, 2025.

 

Amazon. 2025. Annual Report 2024. Accessed via https://ir.aboutamazon.com/annual-reports-proxies-and-shareholder-letters/default.aspx on June 1st, 2025.

 

SAP SE. 2025. Annual Report 2024. Accessed via https://www.sap.com/investors/en/reports.html?sort=latest_desc&tab=reports on June 1st, 2025.

Salesforce. 2025. Annual Report 2024. Accessed via https://investor.salesforce.com/financials/annual-reports/default.aspx on June 1st, 2025.

Advanced Micro Devices, Inc. (AMD). 2025. Annual Report 2024. Accessed via https://ir.amd.com/financial-information/sec-filings on June 1st, 2025.

Accenture. 2025. Annual Report 2024. Accessed via https://www.accenture.com/au-en/about/company/annual-report on June 1st, 2025.

Qualcomm. 2025. Annual Report 2024. Accessed via https://investor.qualcomm.com/financial-info-sec-filings/sec-filings/default.aspx on June 1st, 2025.

Lenovo. 2025. Annual Report 2024. Accessed via https://investor.lenovo.com/en/publications/reports.php on June 1st, 2025.

Hewlett-Packard. 2025. Annual Report 2024. Accessed via https://investor.hp.com/financials/annual-reports-proxies/default.aspx on June 1st, 2025.