Top 10 Consumer Electronics Companies in the World 2018

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9. Toshiba

Toshiba was formed in 1939 because of a merger of Shibaura Seisakusho (Shibaura Engineering Works) and Tokyo Denki (Tokyo Electric).

Image: company website

Shibaura Seisakusho was Japan's first producer of equipment relating to telegraph. Later on Shibaura Seisakusho became a major producer of heavy electrical machinery as Japan modernized during the Meiji era and therefore became the world industrial power.

Tokyo Denki was japan's early manufacturer of incandescent electric lamps. Soon the merger of these two companies became what we now know as Toshiba. A major acquisition of OCZ storage solutions in 2014 proved a major boost for the company. The deal was completed on January 21, 2014 at the time when the total assets of OCZ Technology now were a new independently-operated subsidiary of Toshiba named OCZ Storage Solutions. OCZ Technology solutions later changed the name to ZCO Liquidating Corporation. This company invests heavily in research and development. All these put together make it one of the top consumer electronics companies in the world. The security division of the company was also becoming innovative by unveiling some services for people that used its surveillance products. This again proved a major boost for the company and it struck profits very early because of this. This was in the year 2016 after the implementation. Also, in this year it is ready to start the construction of semiconductor plant in japan.

Sales revenue (USD Bn)- 44.28

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