Continuing at a steady pace the series of its successes, the Huawei conquered the 61st place in the list Fortune Global 500.
Η This year's ranking translates into a jump of 11 places from last year but also into an even more impressive jump of 68 places from 2017 until today.
The Fortune Global 500 list ranks companies according to their revenue and profits, focusing on their size compared to other listings. The Fortune Global 500 ranking is a very important indicator of prestige for reputable companies that want to compare their strengths, size and competitiveness internationally, with parameters of the global economy that transcend borders, nationalities and cultures.
Huawei's big rise is perfectly understandable as it has had a 22.1% increase in revenue and a 27.5% increase in profits in the last year. And yet Huawei's pride goes far beyond the concept of profitability.
«"The continued rise in the Fortune Global 500 rankings is another sign of the company's success for 2019," said Richard Yu, CEO of Huawei. innovation and investing in R&D, has given us the motivation to continue and produce top results».
Earlier this year the Huawei ranked 47th in the world ranking of the annual BrandZ exhibition which includes the 100 most important companies in the world (Top 100 Most Valuable Global Brands). Much of Huawei's recognition is due to the innovative innovations of its products, such as the advanced camera system of the Huawei P30 Pro, and the unprecedented technologies applied to the Huawei Mate X, as well as the Huawei Mate 20 X (5G).
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