The global economy has China on the top, with the various organizations contributing to the success of the local economy. Technologies have been expanding their scope over the years, helping the country boom. Several Chinese tech companies have been shifting their focus overseas to develop their empire. In an effort to gain influence over the market, the companies have been toiling to make an impression in multiple areas. Numerous devices have been created over the past decade for the companies to find a suitable spot in the race. The international profile of the Chinese telecom has been highlighted by Huawei’s feud with the US government.
Such incidents and reports only help the Chinese economy grow. Attractive applications are brought into the picture by the companies such as OnePlus and OPPO too. People are now able to connect with the different parts of the world with these Chinese products. Most of these gadgets have become popular in the global market due to their affordable prices. Let us look at a compilation of the top 10 companies that are making waves in the global technology landscape.
OnePlus
Of all the tech companies in the world, OnePlus is the one that managed to achieve feats that not many companies have in such a short span of time. This company has a premier position as a great force in the global smartphone industry. It is now one of the most valued businesses in the world. Smart TVs, smartwatches, and other gadget-friendly accessories are also being sold by OnePlus now. The company met its peak with success in India, making their phones premium options with a 42% market share. OnePlus has also acquired a position in the top 5 premium global brands. Although OnePlus is more popular in India, it has also made significant strides in the US. According to the latest reports, OnePlus has grown by a whopping 152% in a year, making it one of the fastest-growing brands in the United States.
ByteDance
If you are a techie, ByteDance is a name you might be familiar with for many reasons. ByteDance is surely one of those companies you can look forward to in the coming years. As soon as it burst onto the scene with the flagship news aggregation app Toutiao, the extensive capabilities were embraced and leveraged at various stages to optimize the AI-driven content. One of the most popular short video content applications in the world is TikTok, which enables users to make their own creative pieces. The domestic version called Douyin was also established by ByteDance, and both these apps have taken the whole world by storm. Many of the incumbent tech giants have been dreaded by the growth of ByteDance.
Huawei
The turbulent relationship of Huawei with the US government has led to many news reports about the company, shifting all of the spotlight towards Huawei. More than half of their current 5G contracts have been solicited from the European nations. An overseas undersea fiber optics cable network is in the plans. A greater future for the country and the whole world is the goal Huawei is trying to accomplish with its improving applications and technologies.