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What does a technology company do?

Broadly speaking, companies in the technology sector engage in the research, development, and manufacture of technologically based goods and services. They create, design, and manufacture computers, mobile devices, and home appliances and provide products and services related to information technology.

Which companies are in the technology sector in 2023?

All data in the table is taken from the Fortune Global 500 list of technology sector companies for 2023 unless otherwise specified. As of 2023, Fortune lists Amazon (revenue of $513.98 billion), Jingdong ($155.53 billion), and Alibaba ($126.81 billion) in the retailing sector rather than the technology sector.

Which tech companies are not classified as tech companies?

Even mega-cap companies like Alphabet Inc. (ticker: GOOG, GOOGL), Amazon.com Inc. (AMZN), Meta Platforms Inc. (META) and Tesla Inc. (TSLA) that aren't technically classified as tech companies by the Global Industry Classification Standard have businesses that revolve around disruptive technology, such as artificial intelligence and cloud services.

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