June 26, 2022

Forbes revealed the record of the sector’s biggest tech corporations on Would possibly twelfth, the place Chinese language Web large Tencent now rounds out the highest 5.

Apple heads up the generation rank for the seventh-straight yr thank you partly to a marketplace worth of $2.6 trillion, up just about $300 billion from 12 months previous. Alphabet claims the No. 2 spot with a marketplace worth of $1.6 trillion.

Microsoft, Tencent, and Meta ranked 3rd to 5th, and 6th with marketplace values of $2.1 trillion, $414.3 billion, $499.9 billion respectively. They’re adopted by way of Intel ($190.3 billion), TSMC ($494.6 billion), Cisco ($213.4 billion) and IBM ($124.3 billion).

Forbes identified that Web large Tencent rounds out the highest 5 with its best possible hanging but, emerging one spot to land at No. 28 general regardless of a brutal sell-off within the Chinese language tech sector.

Tencent, the one Chinese language corporate a few of the international’s biggest Most sensible 20 tech corporations, has observed its gross sales building up by way of 24% to $86.9 billion prior to now yr, however the corporate is now valued at about $414.3 billion, down from $773.8 billion closing yr.

SEE ALSO: Tencent Releases First Annual Sustainable Social Price Document

In general, about 72 of the sector’s biggest tech firms are based totally in the US, down from 81 closing yr however nonetheless excess of another nation. China and Japan additionally remained tech hotspots, the previous taking part in host to 36 of the ones firms whilst the latter being house to twelve names at the record.

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