Richest Mobile Phone Companies In The World 2024: Top 12

Richest Mobile Phone Companies In The World: Almost everyone has one; it’s the little laptop we use to check crucial emails and idly browse social media for an hour. Smartphones are becoming more and more crucial for work, education, and information collecting, as well as for socializing and enjoyment. Actually, it might be difficult to imagine how to operate without one.

Given the significance of these gadgets, it seems sense that only a few very large corporations in the world manufacture them. 1.38 billion cellphones were sold worldwide in only 2020. More than 300 times as many individuals were born in that year! Who are the largest smartphone manufacturers now, taking that into consideration? In order to respond to that, we’ve compiled a list of the top 10 global smartphone brands.

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Top 12 Richest Mobile Phone Companies In The World And Their Networth Networth

1. Apple: Apple has long been associated with innovation since it produces the most popular phones in America and the second-most popular phones globally. In 25 countries, the corporation employs 147,000 employees, which is far fewer than Samsung.

Richest mobile company in the world
Richest mobile company in the world

After the 2007 release of the iPhone, Apple gained popularity in the smartphone market. It was the first touchscreen phone to have full internet connectivity, which at the time was unheard of. Since their introduction, more than 2 billion iPhones have been sold.

iOS is the operating system used by Apple handsets as opposed to Android. Apple created iOS, which uses their very advanced mobile app framework, just for their own devices. For instance, there are more than 2.1 million iOS apps available in the Apple App Store! For the time being, Apple is still expanding steadily, especially in light of consumer brand loyalty.

2. Samsung: Samsung, which first entered the South Korean electronic market in 1969, is still the biggest smartphone manufacturer worldwide. The business employs almost 290,000 people worldwide and has business in 74 nations.

Samsung Galaxy models including the Galaxy S21 Ultra 5G, Galaxy A52, and Galaxy A32 are among its most well-liked goods right now. Overall, the Galaxy, which is produced and uses semiconductor chips built by its partner Samsung Electronics, is the company’s most well-known and well marketed brand.

The Android operating system, which is a customized Linux kernel and other open-source software, is used by these phones. Smartphones and other touchscreen mobile devices can work thanks to the Android operating system. Most notably, Android has a close relationship with Google Mobile Services (GMS), which is home to essential programs like Google Play and Chrome.

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3. Huawei: The largest phone firm in China and the third largest phone company worldwide, Huawei was founded in 1987. Given that Huawei operates in China as a private firm rather than a public one, which is unusual, this is particularly intriguing.

Richest Phone Companies In The World And Their Estimated Net Worth
Richest Phone Companies In The World And Their Estimated Net Worth

With the exception of the United States, the corporation now has operations in 170 countries throughout the world and employs about 194,000 people. The Huawei Mate 20 and Huawei P30 are two of Huawei’s most well-known products. These cell phones have a Samsung-like Android operating system.

The cameras on Huawei phones have advanced significantly over the years. The Huawei P20 Pro, for instance, used the original Leica triple camera. The business’s capacity for innovation on this front has given them the leverage they currently possess.

4. Lenovo: Lenovo, a more established business that was established in Hong Kong in 1984, is still vital to the smartphone market today. The business has about 63,000 workers and sells its goods in at least 180 nations across the world.

Largest Smartphone Companies in the World
Largest Smartphone Companies in the World

The Lenovo Legion Phone Duel 2, Lenovo Legion Pro, and Lenovo K12 Pro are now among of Lenovo’s most well-liked cell phones. The business is well-known for making Motorola and Android cellphones. However, computers and other electronic products tend to be Lenovo’s primary markets.

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5. Xiaomi: 2011 saw the debut of Xiaomi, one of the list’s more recent businesses. Even though Xiaomi only has about 18,000 workers globally today, after getting $1.1 billion in capital from investors, it is still the 4th most valuable technological start-up.

List Of Top 10 Richest Phone Companies In The World
List Of Top 10 Richest Phone Companies In The World

Even if the company’s goods aren’t well-liked in the United States, they do have markets in South Africa, China, Singapore, Japan, India, South Korea, Russia, and numerous EU nations. The Redmi Note 10 Pro, Poco X3 Pro, and Poco F3 are among of Xiaomi’s most well-known smartphones. These phones have become incredibly popular in recent years, with Xiaomi’s growth rising by 15.7% between 2019 and 2020.

6. Oppo: Oppo is another significant Chinese smartphone firm that was founded in 2004. The business has 40,000 employees globally and is active. The Oppo K3, Oppo Reno 2F, and the Oppo F17 are among of Oppo’s best-selling smartphones. Oppo also creates a vast range of other items, including Blu-ray players, audio equipment, power banks, and more.

Richest Phone Companies In The World and Their Net Worth 2022
Richest Phone Companies In The World and Their Net Worth 2022

Since Oppo has been largely stable recently, Xiaomi has surpassed them. For instance, Oppo saw a -5.8% decline in growth from 2019 to 2020. Even if this figure isn’t quite fatal, it also doesn’t come close to Xiaomi’s growth pace.

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7. ZTE: Chinese corporation ZTE was established in 1985, making it an elder one. It is also a publicly traded firm, which means that the Chinese government runs it. The business currently has approximately 68,000 employees and is one of the most well-known phone manufacturers in its own nation.

Which mobile company is the richest in the world?
Which mobile company is the richest in the world?

The Axon 11, Blade 2020, Axon 30 Ultra, and ZTE Blade A7 are some of the most well-known smartphones produced by the firm. These smartphones, which run the Android operating system, may cost $300 or more.

8. Vivo: Vivo, another another Chinese startup that made our list, was established in 2009. The Chinese government does not heavily impede this private company’s product development. The company now only has 10,000 employees but continues to make enormous profits and does business all over the world. However, this corporation primarily controls the Middle Eastern, Asian, and Russian markets.

World's Largest Top 10 Smartphone Companies
World’s Largest Top 10 Smartphone Companies

The Vivo Y72 5G: 3G, Dual Sim, 4G, and Octa-Core is one of Vivo’s most well-liked devices. These phone alternatives are reasonably priced, costing as low as $300. Vivo phones run an Android operating system, just as many of the other devices on this list.

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9. LG: LG, a further South Korean giant, is the country’s fourth-largest family-run business. The business works in more than 80 countries and has over 222,000 workers. Similar to how frequently Samsung and Apple products are found in stores, LG phones are also quite well-liked in the United States.

Which is the No 1 phone brand in world?
Which is the No 1 phone brand in world?

The LG G7 ThinQ, LG V40 ThinQ, and LG V60 ThinQ 5G are currently LG’s most well-known smartphones. These phones are renowned for their affordability as well as their thinness, as the name would imply. Many of LG’s most well-known brands only cost $200 to $400.

LG also has a proprietary operating system called webOS. Although this Linux kernel-based multitasking operating system has been utilized as a mobile operating system, LG’s smart TVs make excellent use of it.

10. Alcatel: Even if this French firm is the only one in Europe that produced smartphones, its accomplishments are nonetheless remarkable. Alcatel Lucent was established in 2006, and in 2016, it merged with Nokia Networks. Currently, the business sells a wide range of cellphones and does business globally.

The Alcatel 3X, Alcatel 1S, and Alcatel 1C, for instance, are three of Alcatel Lucent’s best-selling phones. Compared to the majority of the other phones on this list, these phones are often quite inexpensive.

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11. Google Pixel: Google introduced its Pixel product line to the smartphone market with an emphasis on the smooth integration of hardware and software. The Pixel series highlights the unadulterated Android experience in conjunction with timely and frequent software upgrades from Google. In addition to guaranteeing Pixel customers access to the newest features, this approach establishes Google Pixel as a top option for consumers looking for a device that is closely linked with Google’s ecosystem.

Largest Smartphone Companies In The World
Largest Smartphone Companies In The World

In addition, the Pixel series became well-known for its outstanding camera qualities. Google’s creative application of artificial intelligence and computational photography methods made it possible for Pixel devices to continuously offer excellent camera performance. In the crowded smartphone market, Google Pixel smartphones are more appealing overall because of their focus on software and photography.

The Pixel line’s ongoing growth and enhancement is made possible in large part by Google’s financial resources as a major player in the IT industry. Google can invest in research and development to keep Pixel handsets at the forefront of technical breakthroughs because to the company’s strong financial position.

12. OnePlus: Chinese smartphone maker OnePlus revolutionized the market by using a “flagship killer” strategy. Delivering top-notch features and specs at a lower cost than conventional flagship products was the tactic used here. This distinctive approach attracted notice fast and helped the brand develop a devoted following.

Largest Smartphone Companies In The World
Largest Smartphone Companies In The World

OnePlus’s dedication to provide a quick and seamless user experience is one of its main competitive advantages. In line with the brand’s “Never Settle” tenet, the company’s modified version of Android, OxygenOS, is geared for speed and performance. With its quality hardware, uncluttered software, and affordable prices, OnePlus has been able to establish itself as a leader in the high-end smartphone market.

Furthermore, OnePlus has improved the perception of its brand by using strategic alliances and partnerships. Limited-edition releases and partnerships with prominent members of the IT world have helped to sustain customer interest and establish a strong brand identity.

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Companies that make smartphones have dominated the market and are among the richest in the world. More than 6.5 billion people use smartphones worldwide now, which indicates that 84% of the world’s population really uses smartphones. The most lucrative phone brands are well-known, and as a result, their net value gradually rises over time.