Huawei Claims 61st Spot In Latest Fortune 500 List - TeknoGadyet

Thursday, August 17, 2017

Huawei Claims 61st 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.

Huawei Claims 61st Spot In Latest Fortune 500 List
Huawei Claims 61st Spot In Latest Fortune 500 List

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 Mate 30 Pro to Sport Dual 40MP 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 the first quarter of 2017, and first in China.

Note:

This post was updated on August 6, 2019, to reflect Huawei's new position in 2019 Fortune 500 list, which is now 61st spot.

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