Top 10 Consumer Electronics Companies in the World 2017
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Consumer Electronics goods are products which are electronic items intended for everyday use in households. Some common examples are Televisions, Refrigerators, microwave ovens, Mobile Phones etc. With growing demand of consumer electronic items, the global giants of the industry have a tremendous opportunity to serve customers worldwide. Some of the top consumer electronics companies in the world have brands like Apple, Samsung, Sony, Microsoft etc. Here is the list of top 10 Consumer Electronics Companies in the World 2017 as per Revenue and Profit.
The largest consumer electronics have not only designed the finest products at competitive prices, but also have focused on 360 marketing and branding. Sponsoring global events, organizing tech meets etc also highlight the strong business presence of the best consumer electronics companies. With the growing purchasing power of customers, the opportunity for the biggest consumer electronics brands to increase their global footprint further is here to stay.
Quick Glance at Top 10 Electronics Companies in World 2017
1st place: Apple
2nd place: Samsung
3rd place: Microsoft
4th place: Sony
5th place: Panasonic
6th place: Dell
7th place: LG
8th place: Hewlett Packard
9th place: Fujitsu
10th place: Toshiba
For More details about rankings and parameters, read on.
Toshiba was created in the year 1939, as a result of the merger of two Japanese electrical companies – Tanaka Engineering Works and Tokyo Electrical Company Ltd.
It is among the oldest companies in this countdown, standing tall in the industrial landscape since the late 19th century. In 1873, the Japanese Ministry for Engineering, recognizing the need for technological development of Japan, provided Hisashige Tanaka the capital required to set up his company Tanaka Engineering Works, also called Shibaura Engineering Works.
At around the same time, Ichisuke Fujioka set up his organization, Tokyo Electric Company Ltd, with the intention of producing light bulbs within Japan.
The merger of these two firms led to the birth of the firm we know today, Tokyo Shibaura Electric Co Ltd. During the war, Toshiba was one among the chief suppliers of radios, vacuum tubes, military supplies and generators to the army. Post the war, Toshiba set up sales subsidiaries to improve exports to South-East Asia.
Toshiba soon introduced Japan’s first broadcasting equipment, digital computer and microwave in 1952, 1954 and 1959 respectively. 1973 saw Toshiba investing heavily in R&D, and as a result new technologies were developed and new factories were setup. In 1983, the company’s name was officially abbreviated to Toshiba. In 1985, the company came up with the first ever 1 MB DRAM chip; 1986 saw Toshiba entering the home video market and entering the medical field by supplying blood chemical analyzers. Soon, Toshiba ventured into the production of laptops and personal computers, and it acquired a 5.6% stake in Time Warner in 1992 that led to the development of a new DVD format that soon became the industry standard. 1996 saw Toshiba manufacturing DVD Players and DVD drives for computers.
Toshiba came up with the “In-house company” system in 1999, where the company was divided into 8 in-house companies to facilitate better decision making. Toshiba Is headquartered in Minato, Tokyo and at present, employs 198,741 employees. The major competitors of Toshiba are HP, Sony, IBM, Mitsubishi, Fujitsu and Sanyo. The current CEO of Toshiba is Satoshi Tsunakawa.
Revenue (USD) : 11.62 Billion
Profit (USD) : (6.1) Billion
(Use the Rank Navigator to view the other companies in the top brand list along with their information, parameters and data figures.)