10 Hardware Companies in Toronto to Know

Toronto’s hardware industry keeps Canadian and global industries stocked with the parts on which they rely.

Written by Warren Fisher
Published on Feb. 19, 2025
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Image: Shutterstock / Built In

Toronto’s hardware companies engineer and manufacture components for computing devices like PCs, servers and data centers, as well as for mechanical uses in building, infrastructure and other built-environment industries. Toronto’s hardware and building materials market recently reported annual revenue of nearly $29 billion USD, while its computing market is projected to soon reach $4 billion USD. Read on to get acquainted with Toronto’s top hardware providers.

Hardware Companies in Toronto

  • Magna International
  • Motorola Solutions
  • Samsung Electronics
  • Tenstorrent
  • NVIDIA

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Top Hardware Companies in Toronto

Ricoh Canada is the Canadian arm of Japanese multinational company Ricoh, which offers IT, digital services and document management with a niche focus on printing. Ricoh’s origin is in printers and copiers, and it continues to provide toner, staples, cartridges and other printing components and accessories on a B2B and B2C basis.

 

Xanadu is a quantum computing company that makes hardware and software products. It operates cloud-based photonic quantum computers, which use tiny particles of light to represent information. The Xanadu signature product is Aurora, a “modular, scalable and networked quantum computer.” The company is developing Aurora with the long-range goal of creating the world’s first quantum data center.

 

Multinational electronics company Samsung Electronics makes personal devices like smart phones, tablets and wearables. The company engineers and manufactures processors and other hardware that are essential to these devices’ functioning. Its Galaxy Ring is a wearable that incorporates three biometric sensors and runs for a full week on one charging session.

 

NVIDIA is an AI technology and hardware company. It makes components like GPUs and other processors for computers and electronic devices that run AI programs. NVIDIA’s AI Lab incubates developments in emerging tech like computer vision and machine learning, including the engineering of innovative new hardware products that can facilitate increased utilization of AI.

 

Tata Elxsi is a hardware specialist that works with emerging technology to build innovative products, such as the “RoboTaxi” concept car the company is currently developing. It works across numerous industries and verticals to provide hardware products for healthcare, automotive, media and AI applications, and additionally offers design services for the VLSI, or Very Large Scale Integration, semiconductor manufacturing process.

 

Apple is an enterprise technology company that is best known for the design-forward iPhone and iPad products. In addition to those lines of personal connectivity devices, Apple also offers software and hardware products and consumer electronic such as computers, speakers and chargers. Its product lines are designed to integrate with each other so that users can connect their mobile phones, computers and Bluetooth-enabled products.

 

Motorola Solutions provides critical communication and safety technologies for industries such as law enforcement, healthcare, education and transportation. Its product portfolio includes two-way radios, body-worn cameras, video security and command center software that supports incident response and dispatch management. With a global presence in over 20 locations and more than 21,000 employees, the company also offers managed cybersecurity services to help clients protect mission-critical systems.

 

Square is a payment processing company that offers its hardware and fintech products as a package. Its point-of-sale systems include tablets and plug-in card readers that work with mobile phones, which allow business owners to accept payments onsite. The Square app is built to support its POS systems and can be used on any smartphone.

 

Computing company Tenstorrent designs and builds computers that are optimized for AI. Its products include Grayskull, an AI graph processor that is used as an alternative to a GPU in machine learning development, and the LoudBox and QuietBox lines, which are desktop computers that respectively utilize air and liquid cooling technology to reduce noise and increase performance.

 

Magna International is an automotive technology company that makes hardware and mobility products for passenger vehicles. Its product lines include driver-assisted systems for seating including smart seating systems for cars and trucks, in addition to driver-assisted parking systems and their associated software and hardware. It also manufactures autonomous robotic delivery vehicles that are designed for the last mile delivery stage of supply chain management.

 

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