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Huawei Is Ranked Number 83 In Latest Fortune 500 List

A HUGE jump! From number 129 last year, Huawei has reportedly climbed to the 83rd spot in the latest 2017 edition of the prestigious Fortune 500 list.
Huawei Is Ranked Number 83 In Latest Fortune 500 List
Huawei is ranked number 83 in Fortune 500 list!

With a revenue of USD 78.51 billion, the Chinese tech giant has made it inside the top 100 list for the very first time in history. The company is also one of the biggest movers together with other big brands like Microsoft, Facebook and Netflix.

As a quick recap, the Fortune 500 is also know as the "ultimate list". It is considered as the most prestigious ranking of companies according to revenue and profit, with focus on size and scale of these corporate entities in the world. The list is also used by companies to measure their strength, success and competitiveness.

Moreover, Huawei has also been recognized by multiple authoritative agencies like Forbes Magazine, 2017 BrandZ Top 100 Most Valuable Global Brands list at No. 49 and No. 40 in the Brand Finance 2017 Global 500 list of the top most valuable brands in the world.

Currently, Huawei is one of the most respected electronic brand in the world. They currently have the 3rd largest global smartphone market share for Q1 of 2017 according to IDC, SA and Trendforce.
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