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Dated:
July 29, 2019
Huawei has seen a remarkable improvement in the Fortune 500 ranking of major international companies, rising to 61st place, 11 more places than the previous year and 68 posts from 2017, thus confirming the company's success. .
Fortune 500 companies are ranked by revenue and profit, focusing on firm size and comparing their performance against a number of criteria. This clbadification is an important indicator used by companies to measure their strength, size and competitiveness at the global level. It represents one of the most important standards of the global economy beyond the borders of countries and nationalities and cultural differences.
The rise in Huawei stems from the 22% increase in sales and the 27.5% change in profits compared to the previous year.
"Our continued progress on the Fortune 500 is a new testament to the company's success in 2019. Our approach is dedicated to providing the best technical solutions to customers and focusing on innovation by investing in research and innovation. development has played a key role, "said Richard Yu, chairman and CEO of Huawei Consumer Business Group. Is essential to achieve more excellence and success.
Earlier this year, Huawei ranked 47 on the list of brands among the world's 100 most valuable brands, mainly because of innovative products such as the Huawei B30 advanced smartphone. And the unprecedented technological innovations that benefit the speakers of the Huawei MetX phone, as well as the future phone "Meet 20X", which uses a fifth generation technology.
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