The global consumer electronic industry has undergone a significant growth in past few years due the innovations and advancements in the sector across the globe.
According to a report called ‘Global Consumer Electronics Market Forecast 2018’, the global consumer electronics market is projected to nurture by 6.7 percent at a CAGR during a period of 2014-2018.
The consumer electronics market is flooded with numerous vendors and manufacturers. Let’s find out which are the top consumer electronic brands in the world and their origin.
The Apple Inc. has founded by Steven Paul Jobs and others back in 1976 which is headquartered in Cupertino, CA. The tech giant designs produce and sells world’s best selling mobiles and PCs. In addition, it also markets a wide range of related software, networking solutions, third-party digital content, and peripherals.
The company was initially started from Steve Job’s parents’ garage in Los Altos, California. Apple has a variety of products that includes iPhone, iPad, iPod, electric vehicles, iCloud services, Apple TV, Apple Watch, etc. The company is currently headed by Tim Cook. Apple is the world’s largest information systems and second largest smartphone manufacturer. Apple mobiles hold 14 percent of market share. The company clocked the sales in the second quarter of 2016 with 51.19 million units of iPhones, 10.25 million units of iPads, and 4.03 million units of MACs.
Samsung is a South Korean OEM which was founded 78 years ago by Lee Byung-Chul. The company is headquartered in Samsung Town, Seoul, South Korea. At the start, the company was focused on trade export, selling vegetables, fruits, and dried Korean fish to Manchuria and Beijing. And, later the company expanded its product portfolio and become one of the top consumer electronics company. Samsung mobiles continue to dominate the global smartphone market with a humongous market share of 24.5 percent in the first quarter of 2016. The company ships approximately 400 million mobile phones per year.
The name Microsoft means ‘microcomputer’ and ‘software’ was commenced in 1975 by Bill Gates and Paul Allen. The company is headquartered in Microsoft Redmond Campus, Redmond, Washington, USA. At the start, with just a few resources, Bill Gates and Paul Allen started their company from an available garage space. Microsoft product portfolio includes Windows OS series, Skype, MS Office, Servers, Dynamics, Visual Studio, Azure, Xbox, MSDN, MSN, Outlook, Bing, OneDrive, TechNet, and Xbox Live. At present, the Windows Phone has merely 2 percent of mobile OS market share. Microsoft is lagging its way in the mobiles segment even with the acquisition of Nokia mobiles.
The Intel Corporation was started by Gordon Moore and Robert Noyce back in 1968. The name Intel is an acronym for ‘INTegrated circuits and Electronics’. The company is located in Santa Clara, California, United States. The company manufactures chips which are used in PCs and laptops from the vendors like Samsung, Apple, HP, Lenovo, etc. Intel manufactures hardware products such as Bluetooth chipsets, motherboard chipsets, flash memory, microprocessor, mobile phones, SSDs, CPUs, and network interface controller.
The Hewlett-Packard aka HP was founded back in 1939 by William Hewlett and David Packard. The company is currently headquartered in Paulo Alto, California. The company was initially started from the one-car garage. The company markets the hardware, services, financing, and software. HP offers a wide range of PC and laptops. The company has premium HP laptops such as HP Spectre X360, HP Spectre, and Chromebook 14.