PLANET Technology, a global leading provider of IP-based networking products, has been ranked in the 2024 Forbes Asia 200 Best Under a Billion. The ranking focuses on small and mid-sized businesses (SMBs) from sixteen Asian countries with annual revenue under USD 1 billion and displays the most growth and significant profit in the region. The outstanding performance and steady revenue growth allow PLANET to be selected in the international ranking list.

According to the analysis of the latest Forbes Asia August 2024 issue, the ranking is selected from more than 20,000 companies with revenue between USD 10 million and 1 billion from the Asia Pacific region including Australia, New Zealand, Singapore, South Korea, Taiwan, Japan, etc. The selection is based on debt, revenue, and EPS growth from the past year to 3 years as well as average shareholder equity returns from the highest performance in the past year to 5 years. The latest public information as of July 7, 2024, was used for the selection. Among the SMBs with the best model and profit performance, a total of 20 Taiwanese companies were selected.

PLANET has been actively innovating in R&D while promoting digital and sustainable transformation. This includes intelligent network infrastructure, PLANET industrial network management solutions, renewable energy network solutions, private 5G network devices, and many other solutions that have been utilized by foreign governments and projects around the world. The AIoT Application Server (NMS-AIoT) is PLANET’s latest innovation in AI-driven energy management network solutions. The advanced network platform further established its technical advantages when it received the 2024 Best Choice Award – Sustainable Tech Special Award at COMPUTEX. Simultaneously, PLANET continues to improve its ESG performance and was listed for the 7th time in the top 5% of Outstanding Companies in the Corporate Governance Evaluation. PLANET received First Place in the CommonWealth Magazine Excellence in Corporate Social Responsibility Award and listed as one the top 100 companies in Taiwan for 17 consecutive years as well as winning first place in the “2023 CommonWealth Talent Sustainability Award” and the "2023 Family Friendly Workplace Award". Furthermore, PLANET was honored with the “2024 Taiwan Sustainability Action Awards - Gold Award” and “Linking ASSET Corporate Humanities Award - Community Support Outstanding Achievement Award" for its continuous action in balancing corporate operations and sustainable development. Creating a profitable and sustainable corporate model while being recognized for these achievements allows PLANET to stand out amongst the industry members and be included in the Forbes Asia 200 Best Under a Billion.

View the Forbes Asia 200 Best Under A Billion List