Select your localized edition:

Close ×

More Ways to Connect

Discover one of our 28 local entrepreneurial communities »

Be the first to know as we launch in new countries and markets around the globe.

Interested in bringing MIT Technology Review to your local market?

MIT Technology ReviewMIT Technology Review - logo


Unsupported browser: Your browser does not meet modern web standards. See how it scores »

{ action.text }

The Internet implosion of 2000 left citizens of the San Francisco Bay Area in an economic swoon that’s lasted nearly four years. But the signs of recovery are growing plainer, especially in the technology sector. The largest 200 companies in the Bay Area had combined profits of $32.7 billion in 2003, up from a collective loss of $8.8 billion in 2002. The stock value of these companies increased by 59 percent over 2002 levels, to $1.4 trillion. And nine of the ten best-performing companies in the region were in the areas Technology Review covers most closely, including biotechnology, the Internet, and computing. That’s all according to the San Francisco Chronicle, which released its annual listing of the Chronicle 200 on Monday.

The ten best-performing companies in the Chronicle 200, as determined by percentage revenue growth and profit growth, return to investors, and market value, were:

1) SanDisk (memory cards, Sunnyvale)
2) Genentech (biopharmaceuticals, South San Francisco)
3) Juniper Networks (networking equipment, Sunnyvale)
4) Advanced Micro Devices (microchips, Sunnyvale)
5) Yahoo! (Internet portal, Sunnyvale)
6) Lexar Media (memory cards, Fremont)
7) Symantec (security software, Cupertino)
8) Align Technology (orthodontics, Santa Clara)
9) Atmel (microchips, San Jose)
10) Netflix (Internet DVD rentals, Los Gatos)

Job growth in the Bay Area hasn’t kept pace with the general economic recovery; California claimed only 5,200 of the 308,000 jobs added nationwide in March. But as technology-related businesses recover, the Bay Area economy can’t help but follow. Electronics and technology services account for 40 percent of the region’s revenues, 28 percent of profits and 62 percent of market capitalization, according to the Chronicle.

0 comments about this story. Start the discussion »

Reprints and Permissions | Send feedback to the editor

From the Archives


Introducing MIT Technology Review Insider.

Already a Magazine subscriber?

You're automatically an Insider. It's easy to activate or upgrade your account.

Activate Your Account

Become an Insider

It's the new way to subscribe. Get even more of the tech news, research, and discoveries you crave.

Sign Up

Learn More

Find out why MIT Technology Review Insider is for you and explore your options.

Show Me