Top 10 Biggest companies by revenue in Taiwan (2023 data)

Taiwan’s top companies dominate the technology industry, with Foxconn leading the pack. TSMC, Pegatron, and Quanta Computer also make the list, showcasing Taiwan’s prowess in electronics manufacturing. Other notable companies include Formosa Petrochemical, Evergreen Marine, and ASE Group. These companies contribute significantly to Taiwan’s economy.

1. Foxconn

Industry: technology

Revenue (2023: Q1; 2022: Q2, Q3, Q4): $223780 Millions

Stock symbol: 2317.TW

Foxconn Home Page

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.

2. TSMC

Industry: technology

Revenue (2023: Q1; 2022: Q2, Q3, Q4): $70440 Millions

Stock symbol: TSM

TSMC Home Page

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.

3. Pegatron

Industry: technology

Revenue (2023: Q1; 2022: Q2, Q3, Q4): $48410 Millions

Stock symbol: 4938.TW

Pegatron Home Page

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.

4. Quanta Computer

Industry: technology

Revenue (2023: Q1; 2022: Q2, Q3, Q4): $44010 Millions

Stock symbol: 2382.TW

Quanta Computer Home Page

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.

5. Formosa Petrochemical

Industry: energy

Revenue (2023: Q1; 2022: Q2, Q3, Q4): $28340 Millions

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.

6. Evergreen Marine

Industry: transportation

Revenue (2023: Q1; 2022: Q2, Q3, Q4): $22910 Millions

Stock symbol: 2603.TW

Evergreen Marine Home Page

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.

7. ASE Group

Industry: technology

Revenue (2023: Q1; 2022: Q2, Q3, Q4): $22370 Millions

Stock symbol: ASX

ASE Group Home Page

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.

8. MediaTek

Industry: technology

Revenue (2023: Q1; 2022: Q2, Q3, Q4): $19390 Millions

Stock symbol: 2454.TW

MediaTek Home Page

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.

9. ASUS

Industry: technology

Revenue (2023: Q1; 2022: Q2, Q3, Q4): $19200 Millions

Stock symbol: 2357.TW

ASUS Home Page

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.

10. Uni-President Enterprises

Industry: food and beverage

Revenue (2023: Q1; 2022: Q2, Q3, Q4): $17420 Millions

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.

More: The Economic System of Taiwan

The combined revenue of Taiwan’s top 10 companies amounts to $516B

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