Top 6 Largest Tech Companies in Hong Kong
In this post, let's examine some of the largest tech companies in Hong Kong, ranked by market capitalization. Go directly to other related articles on Toplist ... read more...if you want to see more of the largest financial companies in other regions ranked by market capitalization.
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Lenovo, short for Lenovo Group Limited, is an American-Chinese multinational technology corporation that focuses on consumer electronics, personal computers, software, business solutions, and related services. The corporation produces a wide variety of computing equipment, including personal computers, notebooks, tablets, smartphones, servers, supercomputers, electronic storage devices, information technology management software, and even smart televisions.
ThinkPad (purchased from IBM), IdeaPad, Yoga, and Legion (consumer laptops), and ThinkCentre and IdeaCentre (desktops) are some of the company's most well-known product lines. As of the year 2021, Lenovo has more personal computers sold than any other company.
As of April of 2023, Lenovo is worth $13.38 billion on the stock market. If we rank companies by market capitalization, this places Lenovo at #1198. Current revenue (TTM) for Lenovo is $70.86 B, according the company's most recent financial filings. The company's revenue of $70.55 B in 2021 was up from the $55.69 B it made in 2020.
Founded: 1 November 1984
Headquarters: Hong Kong
Website: lenovo.com -
Chinese corporation Futu Holdings Limited provides a digital brokerage and wealth management platform in Mainland China, Hong Kong, the United States, and other countries. As of the beginning of 2019, Tencent is Futu's main financial backer. Leaf Li, the company's founder, started out working for Tencent. The company's ticker symbol has changed from FHL (NASDAQ) to FUTU.
Futu, through its Nasdaq IPO on March 8th, 2019, has successfully raised $90 million. In April 2023, the market value of Futu Holdings was $6.88 billion. Based on its current market capitalization, Futu Holdings is the 1921st most valuable business in the world. The most recent annual report for Futu Holdings shows TTM revenue of $0.84 billion. The company's revenue in 2021 was $0.75 billion, up from the $0.33 billion it made in 2020.Founded: December 2007
Headquarters: Admiralty, Hong Kong
Website: www.futuholdings.com/en-us -
ASM (officially known as ASM International N.V., originally standing for Advanced Semiconductor Materials) is a multinational corporation based in the Netherlands that focuses on the development, production, sale, and maintenance of equipment used in the semiconductor wafer processing stage of device fabrication. The front-end wafer processing operations in semiconductor production operations use ASM's products. Atomic layer deposition, epitaxy, chemical vapor deposition, and diffusion are among the methods used by ASM.
Advanced Semiconductor Materials was formed in 1964 by the late Arthur del Prado (1931-2016). Chuck del Prado, Arthur's son, served as CEO of the company from 2008 until 2020. When it comes to wafer processing, ASM was an early pioneer in a number of key areas, such as lithography, deposition, ion implantation, single-wafer epitaxy, and, more recently, atomic layer deposition. Former ASM divisions include semiconductor equipment manufacturers ASML, ASM Pacific Technology (ASMPT), and Besi.In April 2023, the market value of ASM Pacific Technology was $3.82 billion. Market capitalization-wise, this places ASM Pacific Technology at #2,818 among all companies on the globe. The most recent financial filings reveal a TTM revenue of $2.93 billion for ASM Pacific Technology. In 2021, the firm's revenue was $2.82 billion.
Founded: 1968
Headquarters: Almere, Netherlands
Website: www.asm.com -
SiliconMotion, short for Silicon Motion Technology Corporation, is an American-Taiwanese firm that creates NAND flash controller integrated circuits (ICs) for SSDs. From 2006 to 2016, the firm claims to have supplied more than five billion NAND flash controllers. SSDs, eMMCs, memory cards, and USB flash drives all use them for various consumer, business, and industrial purposes.
By acquiring Shannon Systems, Silicon Motion now offers PCI Express solid-state SSDs to the growing Chinese data center industry. The "SMI" brand is used to market controllers, whereas the "Shannon Systems" brand is used to market enterprise-level solid-state drives. MaxLinear, a US electronics firm, has agreed to acquire Silicon Motion for $3.8 billion in May 2022.Silicon Motion is worth $2.10 billion as of April 2023. In terms of market capitalization, this places Silicon Motion at number 3673 globally. The latest financial reports reveal that annualized revenue (TTM) for Silicon Motion is $0.94 billion. The company's revenue in 2021 was $0.92 billion, up from the $0.53 billion it made in 2020.
Founded: November 1995
Headquarters: Zhubei, Taiwan
Website: siliconmotion.com -
AMTD Digital is a digital financial services company headquartered in Hong Kong. It is a part of the Hong Kong-based AMTD Group, which provides financial services. In early August 2022, the company's stock had increased by 21,000% since its initial public offering (IPO) in mid-July, giving it a market valuation of more than $310 billion and propelling it into the public eye. AMTD Digital surpassed the likes of Bank of America, The Coca-Cola Company, Shell plc, and Costco to become the fourteenth largest company in the world.
Calvin Choi, a former investment banker at UBS, established AMTD Digital in 2019. AMTD Idea, which owns 88.7 percent of the company, is owned by AMTD Group, a financial services company. Choi also serves as the head of the AMTD Group and as its chairman. Choi is currently appealing a two-year suspension from the securities sector imposed by the Securities and Futures Commission for his actions while working as a dealmaker at UBS.AMTD Digital has a $1.34 billion market cap as of April 2023. AMTD Digital is now the 4280th most valuable company in the world. The latest financial reports reveal TTM revenue of $25.09 million for AMTD Digital. The company's revenue of $25.09 million in 2022 was down from the $25.22 million it made in 2021.
Founded: 2019
Headquarters: Central, Hong Kong
Website: www.amtdigital.net -
Troops believes that the Internet of Things (IoT) may be facilitated by investing in a wide range of sectors. The Internet of Things (IoT) simplifies and enlivens the data collection process. With streamlined operations and a deeper knowledge of its clientele, the company can provide superior service, make more informed choices, and grow its bottom line.
They have a substantial portfolio of Hong Kong real estate. Their reliable leasing agents list a variety of offices for rent in prime locations around Hong Kong's commercial properties. In the future, they anticipate that some of these spaces will serve as coworking spaces for their partners, brokers, and clients.In April 2023, the market value of Troops was $45 million. With this market capitalization, Troops is the 5,424th most valuable company in the world. Troops has reported a TTM profit of $0.20 billion as of the end of the most recent reporting period. The company earned $0.16 billion in revenue in 2012.
Founded: 2022
Headquarters: 17 Battery Place, 8th FloorNew York, NY 10004
Website: https://www.troops.co/