Huawei Claims 83rd Spot In Latest Fortune 500 List - TeknoGadyet
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Thursday, August 17, 2017

Huawei Claims 83rd Spot In Latest Fortune 500 List

Huawei Claims 83rd Spot In Latest Fortune 500 List
Huawei Claims 83rd Spot In Latest Fortune 500 List

Huawei has been recognized by various respected agencies, and chosen from numbers of global prestigious brand value lists, including the popular Fortune 500, wherein the telecom and manufacturing giant made to it to the top 100 companies.

Formerly in 129th place, Huawei now enjoys the 83rd spot in the 2017 Fortune 500 with its revenue of USD78.51 billion. Tagged as the ultimate list, the 2017 Forbes Magazine’s World’s Most Valuable Brand List, is said to be the most prominent rankings of biggest companies in the world according to revenue and profit. It also focuses on the size and scale of the brands as well as the company’s strengths, size, and international competitiveness.

Also Read: Huawei's Honor Note 9 Rumored to Sport Kirin 965 SoC, 6GB RAM and Dual Rear Cameras 

Apart from these, Huawei also claimed its spot in the 2017 BrandZ Top 100 Most Valuable Global Brands list, and in the Brand Finance 2017 Global 500 list. The tech brand is ranked at number 49 and 40, respectively.

Meanwhile, according to IDC, SA, and Trendforce, Huawei ranked third in terms of market share in the global smartphone market in first quarter of 2017, and first in China.

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