Taiwan’s top companies continue to dominate the technology industry, with Foxconn maintaining its leadership position. TSMC, Pegatron, and Quanta Computer remain key players, further solidifying Taiwan’s global influence in electronics manufacturing. Other notable companies include Formosa Petrochemical, Evergreen Marine, and ASE Group. With a combined revenue of $401 billion in 2024, these companies contribute significantly to Taiwan’s economy.
1. Foxconn
Industry: technology
Revenue (2024): $206,000 Million
Stock symbol: 2317.TW
Foxconn, headquartered in New Taipei City, Taiwan, was founded in 1974. It operates in multiple countries, with operations in more than 30 countries worldwide. The company is primarily engaged in the manufacturing and assembly of electronic products, including smartphones, tablets, and computer components. Foxconn is known for its contract manufacturing services and is a major supplier for renowned brands such as Apple, Sony, and Dell. In 2024, Foxconn expanded its electric vehicle manufacturing partnerships and increased investments in AI-driven manufacturing solutions.
2. TSMC
Industry: technology
Revenue (2024): $77,350 Million
Stock symbol: TSM
TSMC, also known as Taiwan Semiconductor Manufacturing Company, is headquartered in Hsinchu City, Taiwan. It was founded in 1987. TSMC operates in multiple countries, with a presence in more than 10 countries worldwide. The company’s main activities revolve around semiconductor manufacturing, specializing in the production of integrated circuits and other related electronic components. TSMC is renowned for its advanced technology and is a trusted partner for many global technology companies. In 2024, TSMC began mass production of 2nm chips and expanded its overseas fabs, including new facilities in the US and Japan.
3. Pegatron
Industry: technology
Revenue (2024): $47,300 Million
Stock symbol: 4938.TW
Pegatron is a multinational company with its headquarters in Taipei, Taiwan. It was founded in 2008. The company operates in multiple countries, with operations in over 10 countries worldwide. Pegatron is primarily engaged in the manufacturing and assembly of electronic products, including smartphones, tablets, laptops, and other consumer electronics. They provide services such as design, development, and production for various brands in the technology industry. In 2024, Pegatron increased its investments in automotive electronics and smart home devices.
4. Quanta Computer
Industry: technology
Revenue (2024): $44,900 Million
Stock symbol: 2382.TW
Quanta Computer is headquartered in Taipei, Taiwan and was founded in 1988. It operates in multiple countries, with a presence in over 30 countries worldwide. The company is primarily engaged in the design, manufacturing, and distribution of computer hardware and electronic products. Quanta Computer is known for its production of laptops, servers, and other electronic devices. In 2024, Quanta expanded its cloud infrastructure offerings and AI hardware solutions.
5. Formosa Petrochemical
Industry: energy
Revenue (2024): $32,150 Million
Stock symbol: 6505.TW
Formosa Petrochemical Home Page
Formosa Petrochemical is headquartered in Taipei, Taiwan and was founded in 1992. It operates in multiple countries, including Taiwan, China, Vietnam, and the United States. The company is primarily engaged in the refining and production of petroleum and petrochemical products. It offers a wide range of products and services, including gasoline, diesel, jet fuel, lubricants, and various petrochemicals. Formosa Petrochemical is known for its brands such as Formosa Plastics and Formosa Chemicals. In 2024, the company increased its focus on sustainable energy and green petrochemical products.
6. Evergreen Marine
Industry: transportation
Revenue (2024): $16,200 Million
Stock symbol: 2603.TW
Evergreen Marine is headquartered in Taipei, Taiwan and was founded in 1968. It operates in over 80 countries worldwide, making it a global leader in the shipping industry. The company’s main activities include container shipping, logistics, and terminal operations. Evergreen Marine offers a wide range of products and services, including transportation of goods, warehousing, and customs clearance. It is known for its reliable and efficient services, and its brand is recognized for its commitment to sustainability and environmental responsibility. In 2024, Evergreen Marine expanded its green fleet and digital logistics services.
7. ASE Group
Industry: technology
Revenue (2024): $21,600 Million
Stock symbol: ASX
ASE Group is headquartered in Kaohsiung, Taiwan and was founded in 1984. It operates in multiple countries, with a presence in over 20 countries worldwide. The company specializes in providing semiconductor manufacturing services, including assembly, testing, and packaging. ASE Group offers a wide range of products and services, catering to various industries such as automotive, consumer electronics, and telecommunications. Some of its notable brands include ASE, USI, and SPIL. In 2024, ASE Group further advanced its capabilities in advanced packaging and automotive semiconductor solutions.
8. MediaTek
Industry: technology
Revenue (2024): $17,500 Million
Stock symbol: 2454.TW
MediaTek is a global semiconductor company headquartered in Hsinchu City, Taiwan, founded in 1997. It operates in multiple countries, with a presence in over 35 countries worldwide. The company specializes in designing and manufacturing system-on-chip (SoC) solutions for mobile devices, home entertainment, and connectivity products. MediaTek’s products and services include smartphone chipsets, wireless communication technologies, and multimedia solutions. Some of its well-known brands include Helio, Dimensity, and MT. In 2024, MediaTek launched new flagship chipsets for AI and 5G devices, strengthening its position in the global market.
9. ASUS
Industry: technology
Revenue (2024): $18,100 Million
Stock symbol: 2357.TW
ASUS is a multinational company with its headquarters in Taipei, Taiwan. It was founded in 1989. The company operates in over 50 countries worldwide. ASUS is primarily engaged in the manufacturing and selling of computer hardware and electronics products. They offer a wide range of products including laptops, desktops, smartphones, tablets, and networking equipment. ASUS is known for its innovative designs and high-quality products, and it has established several popular brands such as the Republic of Gamers (ROG) for gaming products. In 2024, ASUS expanded its gaming ecosystem and launched new AI-powered computing devices.
10. Uni-President Enterprises
Industry: food and beverage
Revenue (2024): $15,900 Million
Stock symbol: 1216.TW
Uni-President Enterprises Home Page
Uni-President Enterprises is headquartered in Tainan City, Taiwan, and was founded in 1967. It operates in multiple countries, with a presence in over 10 countries worldwide. The company is primarily engaged in the food and beverage industry, specializing in the production and distribution of various products such as instant noodles, dairy products, beverages, and frozen foods. Uni-President Enterprises is known for its popular brands, including Uni-President, President, and Taisun. In 2024, Uni-President expanded its plant-based product lines and increased global exports.
The combined revenue of Taiwan’s top 10 companies amounts to $401 Billion
Sources:
1. Forbes Global 2000 (2024)
2. Statista Taiwan Company Profiles (2024)
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