Asia is home to some of the world's most innovative and dynamic technology companies, with a growing number of firms emerging as leaders in fields such as e-commerce, artificial intelligence, and mobile gaming. From established giants like Samsung and Alibaba to rising stars like Grab and Xiaomi, Asia's tech sector is driving major advancements in global technology and reshaping the business landscape.
Below, Technology Magazine takes a closer look at 10 of the top technology companies in Asia.
LG Electronics
Headquarters: Seoul, South Korea
CEO: William Cho
LG Electronics Inc. is a South Korean multinational electronics company headquartered in Yeouido-dong, Seoul, South Korea. LG Electronics is a part of LG Corporation, the fourth-largest chaebol in South Korea.
LG Electronics products include home theatre systems, refrigerators, washing machines, computer monitors, wearable devices, solar modules and smart appliances. It is the largest shareholder of LG Display, the world's largest display company by revenue in 2020, and the world's second-largest TV manufacturer.
Grab
Headquarters: Singapore
CEO: Anthony Tan
Grab Holdings Inc., commonly known as Grab, is a Singaporean multinational technology company. It is the developer of the Grab super-app, which provides users with transportation, food delivery and digital payment services via a mobile app. Grab currently operates in Singapore, Malaysia, Cambodia, Indonesia, Myanmar, the Philippines, Thailand and Vietnam. It is Southeast Asia's first decacorn, and the biggest technology startup in the region.
Founded by Anthony Tan and Tan Hooi Ling in 2012 as the MyTeksi app based in Kuala Lumpur, Malaysia, it expanded the next year as GrabTaxi. It has since expanded into other services, following the super-app model. In 2014, it moved its headquarters to Singapore and rebranded as "Grab".
Xiaomi
Headquarters: Beijing, China
CEO: Lei Jun
Xiaomi Corporation is a Chinese designer and manufacturer of consumer electronics and related software, home appliances, and household items. Behind Samsung, it is the second largest manufacturer of smartphones in the world, most of which run on the MIUI User interface, which is based on the Android operating system. The company is ranked 338th and is the youngest company on the Fortune Global 500.
Taiwan Semiconductor
Headquarters: Hsinchu, Taiwan
CEO: Arthur Wang
Taiwan Semiconductor Manufacturing Company Limited is the world's most valuable semiconductor company, the world's largest dedicated independent semiconductor foundry and one of Taiwan's largest companies.
Established in 1979 and remaining under the direction of its founder and CEO, Arthur Wang, and growing from its beginnings as a local manufacturer to a global enterprise with 1,500 employees, most of the leading fabless semiconductor companies such as AMD, Apple, ARM, Broadcom, Marvell, MediaTek, Qualcomm and Nvidia, are customers of TSMC.
Alibaba
Headquarters: Hangzhou, China
CEO: Daniel Zhang
Alibaba Group Holding Limited, also known as Alibaba, is a Chinese multinational technology company specialising in e-commerce, retail, Internet, and technology.
the company provides consumer-to-consumer (C2C), business-to-consumer (B2C), and business-to-business (B2B) sales services via web portals, as well as electronic payment services, shopping search engines, and cloud computing services. It owns and operates a diverse portfolio of companies around the world in numerous business sectors.
Tencent
Headquarters: Shenzhen, China
CEO: Ma Huateng
Tencent Holdings Ltd. is a Chinese multinational technology and entertainment conglomerate and holding company headquartered in Shenzhen. Tencent is the world's largest video game vendor, as well as one of the most financially valuable companies. It is among the largest social media, venture capital, and investment corporations. Its services include social networks, music, web portals, e-commerce, mobile games, internet services, payment systems, smartphones, and multiplayer online games. It operates the instant messengers Tencent QQ and WeChat, and QQ.com, and also owns Tencent Music.
