Top 10 giant valuable tech companies of 2021
Tech companies are some of the most valuable entities in the world and with good reason. They’re raking in huge profits but those profits are only expected to grow! After all in the middle of a coronavirus pandemic and with technology embedded in almost every aspect of many of our day-to-day lives! What’s a better bet than that technology and related areas keep growing! The top 10 biggest companies are all looking to the future investing in everything from artificial intelligence to biometric sales systems and cashier-free stores! But of course, at this level value, lies in the perception of shareholders. In 2021 these are the companies that the market believes hold value in their present and have big futures.
Top 10 most valuable companies in the world
# 10 Samsung
South Korean giant Samsung started out as a noodle and dried fish company in the 1930s. But its evolution over the decades has brought it to the heart of the technically advanced country’s innovation! As a global giant valued at just a fraction under 500 billion dollars! Today Samsung produces a wide range of consumer electronics you’re probably already familiar with from phones to TVs. What’s less well known is they also produce cars, Work in construction, Work on military projects and make ships and clothing. Samsung had a turnover of over a billion dollars in 2020 with over 15 of that profit their highest ever earnings came in the third quarter of the year. Right in the heart of a global pandemic.
# 09 Tesla
Elon musk’s ambitious tech company is named after the cutting-edge engineer Nikola tesla. Works mainly in the fast-growing electric vehicles area. Where they are currently the market leaders with a 31 billion turnover in 2020! Tesla’s value stems largely from investors anticipation of massive growth in that market. The company is currently valued at 574 billion dollars as well as the cars tesla is heavily involved in a heap of groundbreaking side projects. This seems to be the driving force behind much of what musk does these range from self-driving cars to solar glass as well as a huge focus on battery range and life in vehicles. Of course outside his tesla role musk is also working on some truly breathtaking technological concepts from the hyperloop transport plan to SpaceX.
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# 08 TSMC
Despite their lofty stock market value of 587 billion dollars. Taiwanese company TSMC are definitely one of the lesser-known tech entities to make this list. The multinationals main focus is on semiconductors. A serious industry with products used in all kinds of technology from mobile phones to fridges. TSMC is heavily involved with apple and the launch of the iPhone 12! Helped to push their value in 2020 with a turnover of 12.6 billion dollars. Soaring in the last quarter with the launch of the phone as well as nearly doubling TSMC’s market cap value in the course of a year. The company’s new n7 plus technology improves semiconductor efficiency offering more transistors in a smaller space. As well as a 10 reduction in the use of power. They plan to invest an extra 10 billion dollars in chip production from 2020.
# 07 Alibaba
With a market capitalization value of 645 billion dollars. The ginormous Chinese e-commerce company Alibaba has only been around for a touch over 20 years. But takes advantage of china’s strong manufacturing base and export market to create a platform for consumers and businesses to shop controlling 56% of china’s e-commerce market. In 2020 as well as its famed shopping network. Alibaba also works in other areas and faced controversy in late 2020! When it was discovered its facial recognition software was being used to identify minority weaker people in china. There are huge positive concepts too like the world’s largest platform for reducing individual carbon emissions and platform. The company also provides entertainment financial and cloud computing technology in china. It owns supermarkets that offer half-hour delivery and the chance to have your food cooked for you to eat in the food court.
# 06 Facebook
Mark Zuckerberg’s monstrous social media platform! Which has roughly 2.8 billion monthly active users is worth 753 billion dollars. According to the markets for many years the platform left less informed users wondering where their profit came from? The answer of course was advertising. In fact, Facebook has seen an increased demand for its advertising as a result of the coronavirus outbreak and has made itself a valuable platform for advertisers due to its ability to specifically target people with certain likes dislikes or beliefs…..
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