Huawei ranks 79th on Forbes Most Valuable Brands for 2018
Telecommunications Company, Huawei Technologies has moved up on Forbes Most Valuable Brands of 2018 as China’s only company to feature in the global ranking.
Technology companies continue to dominate the list by taking the top 5 spots and accounting for up to 20% of the TOP100.
Apple came No. 1 for the eighth straight year, followed by Google, Microsoft, Facebook and Amazon.
has been included in the list for the second consecutive year ranking 79th with a brand value of US$8.4 billion.
Huawei entered the list for the first time in 2017 and ranked 88th with a brand value of US$7.3 billion. After a year of rapid development, Huawei’s brand value increased by 15% year-on-year to US$8.4 billion, and its ranking went from 88th to 79th.