2017 World Top 500: Huawei continues to rise for the first time this year

On the evening of July 20th, the Fortune Chinese website unveiled the latest Fortune Global 500 list. For the first time, Huawei made it into the top 100, ranking 83rd with an operating revenue of $78.51 billion. Compared to 2014, when it was ranked 285th, Huawei has climbed an impressive 202 spots. In terms of Return on Equity (ROE), Huawei tops all Chinese companies on the list. According to the updated Fortune Global 500 ranking, Huawei stands at 83rd place among Chinese IT firms, followed by Jingdong at 261st, Alibaba at 462nd, and Tencent at 478th. Notably, Huawei's climb up the Fortune 500 rankings has been remarkably rapid and consistent. In 2011, it was ranked 352nd, rising to 315th in 2013. Over the past three years, it has continued its upward trajectory, moving from 285th in 2014 to 228th in 2015, then to 129th in 2016. This year, it has advanced to 83rd, climbing 269 spots over seven years, making it the first Chinese tech company to break into the top 100. The Fortune Global 500 list is widely recognized as the most prestigious and authoritative compilation of the world's largest corporations. Known as the "ultimate list," it is annually published by Fortune Magazine. Unlike other rankings, the Fortune 500 measures companies based on operating income and profitability, emphasizing company size. This ranking has become a crucial metric for evaluating corporate strength, scale, and global competitiveness. It transcends national boundaries, cultures, and languages, serving as a barometer of the global economy. In 2016, Huawei continued its impressive performance, achieving remarkable progress and success in the era of the Internet of Things. According to Huawei's annual report released on March 31st this year, its global sales revenue reached 521.6 billion yuan, with all three business segments performing strongly: In the carrier business segment, Huawei focused on digital transformation and capitalized on opportunities in cloud computing, video streaming, IoT, and operational transformation, achieving sales revenue of 290.56 billion yuan, representing a year-over-year increase of 24%. In the enterprise business segment, the company concentrated on ICT infrastructure and assisted partners in digital transformation within critical sectors like public safety, government services, finance, and energy, resulting in sales revenue of 40.67 billion yuan, marking a year-over-year increase of 47.3%. In the consumer business segment, product innovation and global brand influence continued to grow. The annual smartphone shipment volume reached 139 million units, with sales revenue totaling 179.81 billion yuan, reflecting a year-over-year increase of 43.6%. According to IDC, Strategy Analytics, and Trendforce, Huawei ranked third globally and first in China in the first quarter of 2017. Huawei not only maintained its leadership in smartphones but also demonstrated robust growth momentum in a sluggish market, setting a new standard for Chinese manufacturing. Recently, Zhongguancun Online released the "China Mobile Phone Market Research Report for the First Half of 2017," indicating that Huawei has become the brand with the highest user attention, with a ratio of 14.44%, leading the first tier. Over 19 consecutive weeks, Huawei secured three top spots. Huawei Mate 9 held the top spot for two consecutive weeks, while Huawei P10 reigned supreme for nine consecutive weeks. HUAWEI nova 2 climbed to the top due to its selfie capabilities. At the product innovation level, Huawei not only invested heavily in R&D but also fostered extensive collaborations, creating exceptional products and a stellar reputation. Huawei's partnerships with Leica, Porsche Design, Pantone, and other international brands on its P-series and Mate-series flagships have effectively communicated its brand philosophy and expanded its brand depth. In the 2017 Forbes list of global brand values, Huawei became the sole Chinese company included. In the 2017 BrandZ ranking of the world's top 100 most valuable brands, Huawei placed 49th. Additionally, it ranked 40th in the "Brand Finance" 2017 list of the world's 500 most valuable brands, moving up seven positions from the previous year. Looking ahead, Huawei is poised to potentially enter the top ten or even higher in the next three to five years. Under the leadership of Ren Zhengfei, Huawei's commitment to excellence ensures it remains at the forefront. As the world's largest telecommunications company, Huawei holds a dominant position in the 5G era. Both its carrier and consumer businesses are set for transformative leaps. In the era of full connectivity, Huawei's technological edge will become even more pronounced. Huawei stands as the flagbearer of Chinese tech firms, embodying the resurgence of China's scientific and technological prowess.

FPV Drone

Carbon Fiber FPV Drone Frame,FPV Drone TrueX Frame,Carbon Fiber FPV Frame

Jiangsu Yunbo Intelligent Technology Co., Ltd , https://www.fmodel-ai.com