STMicroelectronics
Another strong contender is STMicroelectronics, which is a multinational semiconductor and electronics manufacturer based in Geneva, Switzerland. The label has become a household name for both Swiss and international tech enthusiasts around the world.
So what exactly does it specialize in? To be specific, this corporation designs and produces a wide range of products, including microcontrollers, sensors, power management ICs, and MEMS devices, which are all lauded by customers due to their high-performing capabilities and have fared well in the marketplace. Millions of users use these products in various applications, such as automotive, industrial, personal electronics, and communications.
In terms of financial performance, STMicroelectronics has reported strong results over the years. In 2022, the company generated revenues of $9.8 billion, with a net income of $1.1 billion. STMicroelectronics' gross margin was 37.4%, up from 36.1% in the previous year, with $1.22 EPS (earnings per share (EPS) - up from $0.96 in 2011.
By the time of this writing, STMicroelectronics is the second-largest software company in Switzerland, enjoying an impressive market capitalization of $44.39 billion. And that's to be expected; the company's strong financial performance, combined with its reputation for innovation, has helped and will help it retain its dominant spot for years to come.
Founded: 1987
Headquarters: Plan-les-Ouates / Geneva
Website: https://www.st.com/
Market Cap: 44.39 billion USD