Thanks to the dedication of Huawei staff, the support of fans and the backing of customers, Huawei has managed to reach the 61st spot on the Fortune Global 500 2019 ranking, up from 72th last year.
Huawei Consumer Business Group CEO, Richard Yu, had this to say:
“Our continued elevation in the Fortune 500 list rankings is yet another notable marker of success for the company in 2019. Our dedication to delivering the latest technologies to our customers, with a sharp focus on innovation through commitment to investing in R&D has enabled us to continue to enjoy record success.
Meanwhile, in the Top 100 most valuable brands ranking, Huawei has managed to claim the 47th spot, up from the 48th spot from last year.
Thanks to Huawei's continous investment in research & development, the company has brought, this year alone, the best smartphone camera so far on the market, with an advanced quad-camera set-up on the P30 Pro. The company also showcased their first foldable smartphone, the Mate X, as well as one of the first 5G smartphones, the Mate 20 X 5G, coming out today (26th) on some markets.
On Enterprise and Carrier level, the company has showcased and launched new products, such as their server-oriented Kunpeng 920, their new Ascend AI chips, new OceanStor Dorado servers, their 5G Tiangang core chip for 5G base stations, new CloudEngine switches for data centres, and many other industry-leading products, further reinforcing the company's position in these segments.
Despite challenging times, Huawei's future hasn't looked as bright as it looks right now, with the company focused on bringing ditigal to every person, home and organization for a fully connected, intelligent world.