5 Biggest Smartphone Companies in the World in 2023

In this article, we will be taking a look at the 16 biggest smartphone companies in the world in 2023. To see more of them, you can go directly to read about the 16 Biggest Smartphone Companies in the World in 2023.

5. Xiaomi

Estimated Valuation: $33.4 billion

Xiaomi was founded in 2010 and a phone manufacturing company and it is based in Beijing, China. The company is one of the largest Android phone manufacturers today.

In 2020, Xiaomi sold 146.3 million smartphones across the globe and by then, its MIUI mobile user interface had over 500 million monthly active users. The company has also begun manufacturing its own range of wearable accessories.

4. Sony Group Corporation (NYSE:SONY)

Market Capitalization: $117.1 billion

Sony Group Corporation (NYSE:SONY) is a multinational electronics company based in Minato, Tokyo in Japan. The company provides a broad range of electronics, ranging from LCDs and LEDs to smartphones and much more. It was founded in 1946.

3. Huawei

Estimated Valuation: $154.1 billion

Huawei is a technology manufacturing corporation. It is based in Shenzhen, China.

The company designs and develops telecommunications equipment, consumer electronics like smartphones, smart devices, and rooftop solar products. It was founded in 1987.

2. Samsung Electronics Co., Ltd. (OTC:SSNLF)

Market Capitalization: $363.1 billion

Samsung Electronics Co., Ltd. (OTC:SSNLF) is a multinational electronics company based in South Korea. It is the largest South Korean business conglomerate and was founded in 1938.

The company entered the electronics industry in the 1960s and since then, it has become one of the leading manufacturers of Android smartphones. It comprises about 80 companies.

1. Apple Inc. (NASDAQ:AAPL)

Market Capitalization: $2.8 trillion

Apple Inc. (NASDAQ:AAPL) is perhaps the best known smartphone company in the market, with its flagship iPhone. The company is based in Cupertino, California, and is the world’s largest tech company by revenue. Its 2022 revenue was $394.3 billion.

See also 18 Most Selling Phone Brands in the World and 15 Biggest Cell Phone Companies in the World.