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Huawei named among top 100 global firms for third time

Huawei CEO Richard Yu during the launch of the Matebook. AFP PHOTO
Huawei CEO Richard Yu during the launch of the Matebook. AFP PHOTO 

Chinese technology firm Huawei emerged among top 100 brands globally after it was placed at position 70 on Interbrand’s Best Global Brands 2017 Rankings.

The integrated brand consultancy firm said the tech firm, featured in the list for the third consecutive time, is accelerating global digital transformation and building a better-connected world, factors that led to a 14 per cent growth in brand value.

Huawei attributes its continued growth to remaining true to its core values of staying customer-centric and inspiring dedication, and the company’s belief of branding is all about integrity.

According to industry analysts IDC, shipment volumes of Huawei smartphones made it the largest manufacturer in China and third largest worldwide in second quarter of 2017.