Six Taiwanese companies, including contract chipmaker Taiwan Semiconductor Manufacturing Co (TSMC, 台積電), made the 2025 Fortune Global 500 list of the world’s largest firms by revenue.
In a report published by New York-based Fortune magazine on Tuesday, Hon Hai Precision Industry Co (鴻海精密), also known as Foxconn Technology Group (富士康科技集團), ranked highest among Taiwanese firms, placing 28th with revenue of US$213.69 billion.
Up 60 spots from last year, TSMC rose to No. 126 with US$90.16 billion in revenue, followed by Quanta Computer Inc (廣達) at 348th, Pegatron Corp (和碩) at 461st, CPC Corp, Taiwan (台灣中油) at 494th and Wistron Corp (緯創) at 496th.
Photo: Reuters
According to Fortune, the world’s 500 largest companies generated a combined US$41.7 trillion in revenue last year, up 1.8 percent from the previous year.
"Together, they employ 70.1 million people, and their revenue represents more than one-third of the world’s GDP," the report said.
US retail giant Walmart Inc once again topped the list, with revenue of US$680.98 billion.
Amazon ranked second, followed by State Grid Corp (國家電網), Saudi Arabian Oil Co, China National Petroleum Corp (中國石油天然氣), Sinopec Group (中國石化集團), UnitedHealth Group Inc, Apple Inc, CVS Health Corp and Berkshire Hathaway Inc, rounding out the top 10.
Meanwhile, Meta Platforms Inc, the parent company of Facebook and Instagram, ranked 41st, up 25 spots from the previous year.
Companies on the Fortune Global 500 are ranked by total revenue for their fiscal years ending on or before March 31.
Shares of contract chipmaker Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) came under pressure yesterday after a report that Apple Inc is looking to shift some orders from the Taiwanese company to Intel Corp. TSMC shares fell NT$55, or 2.4 percent, to close at NT$2,235 on the local main board, Taiwan Stock Exchange data showed. Despite the losses, TSMC is expected to continue to benefit from sound fundamentals, as it maintains a lead over its peers in high-end process development, analysts said. “The selling was a knee-jerk reaction to an Intel-Apple report over the weekend,” Mega International Investment Services Corp (兆豐國際投顧) analyst Alex Huang
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