Citylife > Press Release
  Home Contact us Add to Favourites
Most Recent Postings
More Press Releses
Featured Sections

Event Finder
A daily roundup of exhibitions, promotions and other events in Dubai and the rest of the Emirates.
Submit an Event
Latest Dubai Press Releases >>


Continued investment in R&D, steady growth and breakthrough consumer products supports climb in rankings for third year in a row

Dubai, U.A.E., 7th October 2017:  The world's leading brand consulting firm Interbrand, has announced its 2017 Best Global Brands Report and confirmed Huawei's move to number 70 –two spots up from its ranking in 2016. Brand valued at approximately USD $6.676 billion; Huawei has grown by 14 percent over the past year. 

This is the third consecutive year where Huawei has climbed Interbrand's list, following its debut as the first mainland Chinese brand to be recognized as a Best Global Brand in 2014. 

Founded in 1974, Interbrand is the world's largest integrated brand consultancy firm with a customer base encompassing approximately two-thirds of Fortune 100 companies. Its annual ‘Best Brands Ranking' is highly regarded around the world and is commonly used as an indicator of global brand value.  

Technology brands continue to dominate Interbrand's Best Global Brands Reports this year, holding the greatest proportion of the Top 100 rankings. As a technology company committed to excellence in research and development, Huawei's continued recognition in Interbrand's rankings is testament to its technological leadership and growing global influence. 

According to Interbrand, Huawei is accelerating global digital transformations and building a better-connected world by creating enhanced networks. This has contributed to rapid growth of 14 percent in brand value and further highlights the strength of the world-wide company.

Huawei's brand value continues to increase, largely due to steady performance growth and its breakthrough into the consumer electronics market. In the first half of 2017, Huawei's smartphone shipments rose to 70.01 million, delivering a year-on-year increase of 20.6 percent – outperforming the industry average. Huawei's premium flagship HUAWEI P and HUAWEI Mate smartphone series has become increasingly popular around the world, strengthening its influence in high-end markets. 

According to industry analysts IDC, shipment volumes of Huawei smartphones made it the largest manufacturer in China and third largest worldwide in Q2 2017. Huawei's smartphone global market share has also grown to 11.3 percent, up from 9.8 percent over the same period last year – placing the company within 1 percent of Apple. 

In addition to its range of smartphones, Huawei also introduced a trio of new MateBook PC products, combining stylish and portable design with powerful performance. Since its launch, the new HUAWEI MateBook range has received significant praise and recognition from media and consumers alike. 

Huawei continues to be recognised by numerous esteemed institutions and included in the world's most respected brand rankings lists. In the latest Fortune 500, Huawei was placed in the Top 100 list for the first time, leaping from 129 to 83. Moreover, the company was named as the only Chinese brand in Forbes' most valuable global brands list in 2017.

Posted by : GoDubai Editorial Team
Viewed 9180 times
Posted on : Saturday, October 7, 2017  
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of GoDubai.com.
Previous Story : Korea Pavilion, GITEX Technology Week 2017, Hall 3-4, Sheikh Rashid Hall
Next Story : Dubai Internet City to Highlight its Ecosystem by offering Futuristic Experiences at GITEX 2017
Email this article Print this article

Share this article with your friends and followers


Back to Top  
Most Viewed Press Release posted in the last 7 days
Filorga Launches Lift Range
Top Perfume Picks for Mother's Day @ Glambeaute.com
Nissan's e-POWER technology wins environmental award
The Sheet Mask Trend
The Global Sensation UFO Lands in Europe at Cosmoprof 2018
Max launches its Inaugural Abaya Collection
Mother's Day Offer from Blush N Curls Salon
It's Mother's Day!
Drink yourself to looking younger with Skinade
Al-Futtaim Honda launches 10th generation Honda Accord
Discover the MISA Cho Gong Jin Oriental and Herbal Skincare Range from Missha
LULU Organic Food Activation
Corporate Power Dressing redefined at Kachins Signature
The V-Tox Facial by Linda Meredith Skincare
An Open Secret - The new Flying Regulator Open Gear provides deep insights
The only line you'll love in your face – your perfect jawline!
GMC sets a new GUINNESS WORLD RECORDS title in partnership with Abu Dhabi Police
OMEGA Launches its NATO Strap “Pop-Up Boutique” in Paris
UAE Jiu-jitsu Federation® Conducted the Official Weigh-ins of Abu Dhabi Grand Sl...
Reading Champions Declared at 10th Emirates Airline Festival of Literature
Cadillac Alghanim kicks off world-class opportunity in Kuwait
A Meet & Greet with the Pakistani Cricket Sensation Umar Akmal
ba&sh's Spring-Summer collection 2018
Own your pores like a Bioré Princess!
Milan-san Remo a Dream Target as Uae Team Emirates Announce Super-seven Line Up
Raymond Weil introduces the Maestro Blues
GUESS Unveils the Kids Spring 2018 Collection and Campaign
The Dubai Mall unveils Fashion Avenue; the region's most prestigious luxury des...
The Spring Summer 18 Womenswear Collection
Beyond Beauty partners with Platinum Records to position teen sensation Hala Al ...
Awqaf and Minors Affairs Foundation Attracts 1200 Emirati Job Seekers at Careers...
UAE's first ICU Symposium attracts over 150 of GCCs top healthcare professionals
Sanofi introduces innovative therapy to help address high unmet medical needs of...
Join the UAEs first Women's Warrior Challenge.
10th Emirates Airline Festival of Literature Ends with a Bang!
Velvet Caviar meets Roger Dubuis Diva power
PCFC, GDRFA conclude Successful Marriage program ahead of 7th Mass Wedding
SOUQ welcomes 3M's innovative products to serve everyday customer needs
ISNR Abu Dhabi 2018 closes on a high note, attracts record numbers of exhibitors...
Alexey Firsov Solo Exhibition
From Jade to Diamond
Scuderia Ferrari Father & Son Gift Set
Agreement signed in the presence of His Highness Sheikh Mohammed Bin Zayed Al Na...
Dubai ranked amongst the world's top destinations for FDI in the real estate market
Centrepoint Partners With Anghami To Launch New Talent Sessions
Business of beauty goes green at Beautyworld Middle East 2018 as Natural & Organ...
Lufthansa Group achieves best result in its history
10 Must-see Activities at Dubai International Horse Fair This Week