Last year, Samsung escalated its design battle with Apple  (#2), taking eight prizes at the International Design Excellence Awards to Apple's seven -- and pulling in $84 billion more revenue than its style rival. What's more, Apple itself sent a goodly chunk of that revenue across the Pacific: Samsung, the world's largest TV maker and second-largest mobile-phone producer, is also the largest manufacturer of flash memory, and Apple is a repeat customer. In any arms race, the bullet makers win.
Seoul, South Korea
| NUMBER OF
total revenues for most recent fiscal year
what the company is most famous for
The largest producer of televisions and memory chips and second largest producer of mobile phones.
why it's innovative
Its focus on design -- it nabbed 8 IDEA awards to Apple's 7 last year -- combined with a disciplined approach to engineering consistently pushes the ingenuity of personal electronics.
Samsung Leads LEDs to Consumer Electronics [February 2010]