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Apple Inc is the most profitable company among the 500, with its 2016 fiscal year profit coming in at .7 billion (which was down 14.4 percent year-on-year). It is expected to be the first company with a market cap of over $ 1 trillion－its market cap on Thursday was 9.3 billion.

Apple Inc reported fall in revenue in China in its latest quarter earnings report amid increased competition from local rivals.

As China is Signify's second-largest overseas market after the United States, the company develops its products not only for a single country but for the global markets, Lim said. Many breakthroughs have been contributed by Signify's innovation facilities, including those in Shanghai and Shenzhen.

Around 20,000 seats in the Staples Center in downtown Los Angeles are taking a pounding from crazy fans. Four huge screens are erected on the stage like a crystal cube with one of the world's highest-paid DJs in the center. The screens light up with animated unearthly creatures and the crowd goes wild.

Around 83 percent of respondents cited digital transformation as an underlying motivation for increasing cyber security.