China's Growth Opportunities and Offshore Investing
Chinese Tech Cos leading from the front
Chinese Tech Heavyweights making their presence felt by Market Capitalization in last decade
XXIII
MAINFRAME
1980
000
WWW
INTERNET
PERSONAL COMPUTER
1990
2000
ARTIFICIAL INTELLIGENCE
MOBILITY/CLOUD
2010
2020
MARKET
MARKET
COMPANY
CAP
COMPANY
CAP
COMPANY
MARKET
CAP
MARKET
IBM
38
IBM
54
Microsoft
604
COMPANY
Microsoft
CAP
COMPANY
MARKET
CAP
269
Apple
2,008
Eastman Kodak
8
Panasonic
33
Cisco Systems
355
Google
197
Microsoft
1,592
Xerox
5
Toshiba
27
Intel
274
Apple
191
Amazon
1,577
Hewlett-Packard
4
NEC
19
Lucent Technologies
238
IBM
171
Alphabet
1,013
Emerson Electric
2
Fujitsu
19
Nokia
210
Cisco Systems
138
Alibaba
770
Texas Instruments
2
Mitsubishi Electric
16
IBM
193
Oracle
123
Facebook
746
Motorola Solutions
2
Eastman Kodak
13
Oracle
158
Hewlett-Packard
122
Tencent Holdings
632
Nortel Networks
2
Sanyo Electric
13
Nortel Networks
139
Intel
113
TSMC
388
Intel
1
Harris
1
FUJIFILM Holdings
Hewlett-Packard
12
Sun Microsystems
135
11
Dell
130
Samsung Electronics
QUALCOMM
88
NVIDIA
334
77
Samsung Electronics
333
*
Source: Bloomberg, FactSet, J.P. Morgan Asset Management; as of 30 September 2020. Market capitalization in USD billions. The securities highlighted above have been selected based on their
significance and are shown for illustrative purposes only. They are not recommendations.
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