BYD Tops Bloomberg Businessweek’s 12th Annual Tech 100 List

Securing the No. 1 Spot for the Past Three Consecutive Years, Amazon.com Drops to No. 4

NEW YORK--()--For the first time, BYD, the Chinese maker of cars, batteries, electronics, and solar power equipment, earns the No. 1 spot on Bloomberg Businessweek’s annual Tech 100 ranking of tech’s top performing companies. BYD (which stands for Build Your Dreams) has more than flourished: It even outperformed perhaps the hottest tech outfit around, No. 2 Apple. Apple and Tencent Holdings (No. 3) round out the top three. Last year’s reigning champion, Amazon.com, dropped three places to No. 4 and Tata Consultancy jumped from No. 30 last year to land the No. 5 spot.

Scan Bloomberg Businessweek’s Tech 100 list, and you’ll find names familiar and new. From global powerhouses Tata Consultancy (No. 5) and Google (No. 22) to lesser-known players such as Taiwanese chipmaker Phison Electronics (No. 65) and Brazilian e-tailer B2W (No. 96), these companies have managed to thrive during a bruising global recession.

Sure, U.S. companies still dominate any ranking of the world’s best performing tech companies. But China and India are emerging powerhouses, with the number of companies on the Tech 100 right up there with traditionally strong tech countries Japan and Taiwan. Count all the Asian companies and North America doesn’t loom large. Research In Motion (No. 21) is the only Canadian company to make the ranking.

To compile the Tech 100, Bloomberg Businessweek started with 6,500 tech companies. Requirements were set: a minimum market cap of $1 billion, revenues of at least $500 million, and no more than a 5 percent decline in revenues (in local currency) from 2008 to 2009. Revenues and operating income were then normalized to compare the remaining 210 companies, and they were ranked based on these metrics as well as shareholder return and employee growth, with 1 being the top ranking. Adding them all up, the companies with the lowest-weighted rankings made the list.

The 12th annual Tech100 appears in Bloomberg Businessweek’s May 24, 2010—May 30, 2010 issue, on newsstands Friday, May 21st and on Businessweek.com at http://www.businessweek.com/technology/special_reports/20100520tech_100.htm.

Rank     Company             Country         Rank     Company             Country
1     BYD             CHN 51     FIBERHOME TELECOM             CHN
2 APPLE USA 52 MASTERCARD USA
3 TENCENT HOLDINGS CHN 53 AMERICAN TOWER USA
4 AMAZON.COM USA 54 GENPACT BMU
5 TATA CONSULTANCY IND 55 BHARTI AIRTEL IND
6 PRICELINE.COM USA 56 TOTVS BRA
7 CENTURYLINK USA 57 MISYS UK
8 COGNIZANT TECH. USA 58 DOLBY LABORATORIES USA
9 INFOSYS TECH IND 59 RED HAT USA
10 SOFTBANK JPN 60 ITOCHY TECHNO. SO. JPN
11 WPG HOLDINGS TWN 61 FLIR SYSTEMS USA
12 MEDIATEK TWN 62 EXPEDIA USA
13 NTT DATA JPN 63 RACKSPACE HOSTING USA
14 RAKUTEN JPN 64 ATHEROS COMM. USA
15 NINTENDO JPN 65 PHISON ELECTRONICS TWN
16 SAMSUNG ELEC. MECH. KOR 66 TELECOM ARGENTINA ARG
17 WIPRO IND 67 HON HAI PRECISION TWN
18 CHINA MOBILE HKG 68 INTUIT USA
19 YAHOO JAPAN JPN 69 SIMPLO TECHNOLOGY TWN
20 ORACLE USA 70 VISTAPRINT BMU
21 RESEARCH IN MOTION CAN 71 UNITED INTERNET GER
22 GOOGLE USA 72 INMARSAT UK
23 MPHASIS IND 73 CAPCOM JPN
24 NETFLIX USA 74 AUTOMATIC DATA USA
25 KDDI JPN 75 FACTSET RESEARCH USA
26 VISA USA 76 TW TELECOM USA
27 BAIDU CHN 77 BMC SOFTWARE USA
28 ZTE CHN 78 CACI INTL. USA
29 LENDER PROCESSING USA 79 FLEXTRONICS SGP
30 VERIZON USA 80 SHANDA INTERACTIVE CHN
31 FIDELITY NATIONAL INFO. USA 81 CREE USA
32 HARRIS USA 82 SOLERA HOLDINGS USA
33 SINGAPORE TELECOM. SGP 83 AKAMAI TECH USA
34 HCL TECH IND 84 NII HOLDINGS USA
35 FREENET GER 85 MCAFEE USA
36 TELENET GROUP BEL 86 LKQ USA
37 SYNNEX TECH. INTL. TWN 87 JARDINE CYCLE SGP
38 SALESFORCE.COM USA 88 REDECARD BRA
39 SOFTWARE GER 89 TRIPOD TECHNOLOGY TWN
40 CHINA GREATWALL CHN 90 VIVO BRA
41 GLOBAL PAYMENTS USA 91 AISINO CHN
42 NOMURA RESEARCH JPN 92 YAMATAKE JPN
43 EQUINIX USA 93 AUTODESK USA
44 SAIC USA 94 CHICONY ELECTRONICS TWN
45 KINGBOARD CHEMICAL HKG 95 MANTECH INTL. USA
46 CHECK POINT SOFTWARE ISR 96 B2W VAREJO BRA
47 AUTONOMY UK 97 CA TECHNOLOGIES BRA
48 CROWN CASTLE INTL USA 98 VMWARE USA
49 COMPUTER SCIENCE USA 99 POSITIVO BRA

50

SYMANTEC USA 100 KONAMI JPN

Contacts

Bloomberg Businessweek
Patti Straus, 212-512-2680
Amanda Cowie, 212-512-3219

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Contacts

Bloomberg Businessweek
Patti Straus, 212-512-2680
Amanda Cowie, 212-512-3219