Best Tech Stalwarts of Asia

The information Technology is flourishing at the tremendous pace and as a result many new tech companies are coming forward to flourish their business and to give tough competition to tech companies. A company is basically ranked on the basis of long-term profitability, sales and earnings growth, stock price appreciation and projected earnings with revenues or market capitalization. In Asia, the most important leaders in the tech revival are:

• Acer: It is a Taiwan based multinational electronics manufacturer, which is the third largest computer manufacturer in the world. Its product lineup includes desktop and laptops as personal digital assistants (PDAs), peripherals, servers, storage, displays, and e-business services for business, government, education, and home users. The company expects its notebook PC sales to hit a record 3.8 million units in September, followed by further growth in October and November. The company’s market value is 5.1 billion, while its sales reach to $14.3 billion.

• Infosys Technologies: Infosys Technologies has come into existence in 1981 by seven people and today it is called as Technology giant in tech market. Infosys defines, designs and delivers technology-enabled business solutions to the customers. Infosys' service offerings offer various services like application services, systems integration, product engineering, custom software development, maintenance, re-engineering, independent testing and validation services, IT infrastructure services and business process outsourcing. The market value of the company is $22.8 billion and it shows sales revenue of $4.2 billion. The company forecasts that revenue for the year to March 2009 would grow 27-29 per cent to the existing value.

• Asustek Computer: Another leader in the tech market is Asustek Company. This is a Taiwan based company famous for its motherboards. The company is now focusing on building its own brand for PCs and other gadgets. The company is attracting attention for its low-cost Eee PC range. Asustek is also planning to offer free online data storage and other Web services in an effort to distinguish its device from the increasingly crowded field of inexpensive personal computers. The market value of the company is $10.4 billion and its sales revenues are $23.3 billion.

• Wipro: One more strong opponent in the tech market is Wipro Ltd. It is one of India’s major information technology service company established in 1980. Wipro Technologies has over 300 customers across U.S., Europe and Japan. The company had 95,675 employees as of June 30, 2008, which includes 74,838 employees in IT business and 20,837 employees in BPO business. The company reported a net profit rise to Rs 8.14 billion ($190 million) in the fiscal first quarter ended June, up from 7.10 billion a year ago under US accounting rules. Its sales climbed 43 per cent. The company’s market value is $15.2 billion, while it sales revenues reach to $5.0 billion.

• HTC Corp: HTC is another big name in tech market that designs, manufactures and markets innovative; feature rich touch phones, PDA phones, smartphones and mobile computer devices. HTC is a Taiwan based supplier of electronic gadgets which sets a big competition for Apple's iPhone or Research In Motion's BlackBerry and the company has succeeded in grabbing a chunk of the emerging multi-billion-dollar market for advanced mobile devices. Recently, HTC unveiled Touch Diamond, a high-end phone to take on iPhone. The market value of the company is $13.8 billion and it shows sales revenue of $3.6 billion.

In the crux, I can say that these companies are giving neck to neck competition to each other and doing very good business in the market.