The TrueUpTech Hardware Report
Apr 2025
TrueUp Tech Hardware 40
40 Hottest Tech Hardware Companies
Anduril•
Apple•
Archer•
ASUS•
Aura•
Axon•
Block•
boAT•
Boom•
BYD•
BYTON•
Cisco•
Collaborative Robotics•
DEEPX•
Dell•
DJI•
Epirus•
Flock Safety•
Garmin•
Hermeus•
HMD Global•
Instagrid•
Levels•
MatX•
Monarch Tractor•
Nothing•
Oura•
Pacific Fusion•
Physical Intelligence•
Plume•
RoboSense•
Samsara•
Samsung•
Saronic•
Servify•
Silicon Box•
SK Hynix•
Skild AI•
Skydio•
SpaceX•
Swiss-Mile•
Tesla•
The Bot Company•
Toast•
Transsion•
Verkada•
Xiaomi•
Zipline
Apr 2025
Top Tech Hardware Co’s by Trajectory
Factors incl. fundraising history, hiring trends, industry factors, layoff data, TrueUp member interest & more
| company | all‑tech rank | |
|---|---|---|
1. | The Bot Company | #8 |
2. | Physical Intelligence | #9 |
3. | Saronic | #16 |
4. | Anduril | #21 |
5. | Skild AI | #32 |
6. | Pacific Fusion | #43 |
7. | Flock Safety | #61 |
8. | Samsara | #72 |
9. | Xiaomi | #114 |
10. | Silicon Box | #115 |
Apr 2025
Top Tech Hardware co’s by valuation
| company | valuation | ||
|---|---|---|---|
1. | Apple ($AAPL) | $3340B | |
2. | Tesla ($TSLA) | $812B | |
3. | SpaceX | $350B | |
4. | Samsung ($005930) | $259B | |
5. | Cisco ($CSCO) | $246B | |
6. | Xiaomi ($1810) | $165B | |
7. | BYD ($002594) | $156B | |
8. | SK Hynix ($000660) | $90B | |
9. | Tokyo Electron ($8035) | $65B | |
10. | Dell ($DELL) | $64B |
Apr 2025
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21,181 open Tech Hardware jobs
↑60.1% from low (13,226)
Apr 2025
Remote Index
9.8
% of Tech Hardware jobs with a remote option
Apr 2025
Bay Area Index
27.9
% of Tech Hardware jobs listed in the Bay Area
Apr 2025
Tech Hardware Co’s w/ Most Open Jobs
| company | jobs | ||
|---|---|---|---|
1. | Apple | 5,123 | |
2. | Tesla | 3,938 | |
3. | SpaceX | 1,164 | |
4. | Rivian | 862 | |
5. | HP | 852 | |
6. | Anduril | 782 | |
7. | Lucid Motors | 686 | |
8. | Samsung | 642 | |
9. | Dell | 481 | |
10. | Keysight | 447 | |
11. | Samsara | 378 | |
12. | Axon | 326 | |
13. | Block | 319 | |
14. | StoneCo | 266 | |
15. | Toast | 255 | |
16. | Agilent | 251 | |
17. | Garmin | 231 | |
18. | Verkada | 210 | |
19. | Roku | 206 | |
20. | Razer | 200 |
Apr 2025
Top Tech Hardware Job Categories
jobs | |||
|---|---|---|---|
1. | Engineering (Software) | 5500 | |
2. | Engineering (Hardware) | 1901 | |
3. | Business Operations & Program Management | 1608 | |
4. | Sales | 1439 | |
5. | Finance | 709 | |
6. | Data & Analytics | 610 | |
7. | Artificial Intelligence | 602 | |
8. | Marketing & Growth | 582 | |
9. | IT & Business Systems | 468 | |
10. | Customer Success | 449 |
Apr 2025
Top Tech Hardware Job Locations
jobs | |||
|---|---|---|---|
1. | 🇺🇸 San Francisco Bay Area | 4806 | |
2. | 🇺🇸 Los Angeles | 1743 | |
3. | 🇺🇸 Austin | 1318 | |
4. | 🇺🇸 Seattle | 652 | |
5. | 🇮🇳 Bengaluru, India | 463 | |
6. | 🇺🇸 San Diego | 446 | |
7. | 🇺🇸 Remote (United States) | 415 | |
8. | 🇺🇸 New York City | 402 | |
9. | 🇩🇪 Berlin, Germany | 347 | |
10. | 🇺🇸 Boston | 300 |
Apr 2025
Tech Hardware Jobs by Company Stage
jobs | |||
|---|---|---|---|
🌱 Early-Stage Startup | 460 | ||
🦄 Unicorn | 2872 | ||
📈 Public Tech | 16277 | ||
🐳 FAANG+ | 9102 | ||
Other | 1534 |
Apr 2025
Most Common Tech/Tools
From Tech Hardware job descriptions
1. | Python | |
2. | C++ | |
3. | Salesforce | |
4. | Linux | |
5. | SQL | |
6. | AWS | |
7. | Java | |
8. | Jira | |
9. | MATLAB | |
10. | Git |
Apr 2025
Biggest Tech Hardware Layoffs
Past 12 months
| company | ppl let go | |||
|---|---|---|---|---|
1. | Tesla | 14000 | Apr 2024 | |
2. | Dell | 12500 | Aug 2024 | |
3. | Cisco | 4000 | Aug 2024 | |
4. | onsemi | 2400 | Feb 2025 | |
5. | HP | 2000 | Feb 2025 | |
6. | onsemi | 1000 | Jun 2024 | |
7. | Block | 931 | Mar 2025 | |
8. | Juniper Networks | 500 | Apr 2024 | |
9. | Peloton | 400 | May 2024 | |
9. | Lucid Motors | 400 | May 2024 |
Apr 2025
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Methodology: TrueUp attempts to track and analyze data on every open job at every startup and big tech co.