Taiwan is a stable industrial economy as a result of economic growth and industrialization during the late 20th century, often referred to as one of the Four Asian Tigers along with Hong Kong, Singapore and South Korea. It is a member of both the World Trade Organization and the Asia-Pacific Economic Cooperation under various names due to its ambiguous political status. As the 20th largest economy in the world as of 2023, its high-tech industry plays a key role in the global economy.
See main article: List of largest companies in Taiwan.
This list shows firms in the Fortune Global 500, which ranks firms by total revenues reported before 31 March 2019.[1]
| + Largest firms in Taiwan | ||||||
| Rank | Image | Name | 2019 Revenues (USD $M) | Employees | Notes | |
|---|---|---|---|---|---|---|
| 23 | Hon Hai Precision Industry (Foxconn) | $175,617 | 667,680 | World's largest contract electronics manufacturer and the fourth-largest information technology company (by revenue). The firm operates as a contract manufacturer and subsidiaries include the Sharp Corporation and Smart Technologies. | ||
| 259 | Pegatron | $44,453 | 156,477 | Electronics manufacturing company developing computing, communications and consumer electronics. Spun off from Asus. Subsidiaries include Unihan Corporation and ASRock. | ||
| 363 | Taiwan Semiconductor Manufacturing Company (TSMC) | $34,218 | 48,752 | World's largest dedicated independent semiconductor foundry. Subsidiaries include SSMC in Singapore. | ||
| 365 | Quanta Computer | $34,102 | 112,421 | Largest manufacturer of notebook computers in the world. | ||
| 390 | Compal Electronics | $32,102 | 82,374 | Electronics manufacturer | ||
| 394 | CPC, Taiwan | $31,928 | 15,712 | State-owned petroleum company | ||
| 424 | Wistron | $29,509 | 82,955 | Electronics manufacturer | ||
| 455 | Cathay Life Insurance | $27,183 | 38,694 | Taipei-based multinational life insurance company. Part of Cathay Financial Holding. | ||
| 471 | Fubon Financial Holding | $26,276 | 45,174 | Financial conglomerate | ||
| 492 | Formosa Petrochemical | $25,462 | 5,285 | Petrochemical company |
This list includes notable companies with primary headquarters located in the country. The industry and sector follow the Industry Classification Benchmark taxonomy. Organizations which have ceased operations are included and noted as defunct.