HUAWEI LEAPS 11 SPOTS ON 2019 FORTUNE 500 LIST
Ranking Builds On A Year Of Prestigious Recognitions
Continuing a multi-year track record of acceleration, Huawei
has ranked 61st on the Fortune 500 list. This year’s ranking
represents an 11 point jump from last year and an impressive 68 point leap from
2017.
The Fortune 500 list ranks companies
according to their revenue and profit, focusing on the size of the companies
compared with other lists. The Fortune 500 rankings have become an important
indicator that renowned companies use to measure their own strengths, size and
international competitiveness, a parameter of global economy that transcends
beyond borders, nationality and cultural differences.
Huawei’s elevated ranking is well-earned,
having demonstrated a 22% increase in revenue and a 27.5% change in profits
year-over-year. And yet, Huawei’s prowess goes far beyond profitability.
Earlier this year, Huawei ranked 47th on BrandZ’s annual Top
100 Most Valuable Global Brands, in large part due to
ground-breaking product innovations such as the HUAWEI P30 smartphone’s
advanced camera system, the unprecedented technological innovations baked into
the HUAWEI Mate X handset as well as the highlight anticipated Mate 20 X (5G).
No comments
Subscribe To Comment