Huawei is the ninth most valuable brand…

In the latest Brand Finance Global 500 2022 report, the leading evaluation and strategic consulting organization Brand Finance ranked Huawei among the ten most valuable brands.

The report also revealed a staggering 29% year-over-year growth in value to reach $71.2 billion, allowing for a jump from 21st place last year to 9th place this year.

Brand Finance inspects the 5,000 largest companies each year and publishes nearly 100 reports ranking brands by business sector and country. The Global 500 scale, which includes the 500 most valuable brands from around the world, is designed for the 16th consecutive year.

The technology sector has once again proven to be the most valuable industry with a cumulative brand value approaching $1.3 trillion. There are a total of 50 tech companies on the list, among them Apple, Amazon, Google, Microsoft, Samsung, Facebook and Huawei contributing a large percentage to the total value.

Huawei’s ninth place ranking is even more significant because the company’s business has been disrupted by a number of US sanctions. The growth in Huawei’s brand value can be attributed to the company’s commitment to innovation, continuous product improvement, attention to user experience, investment in research and development, focus on the electric vehicle business and the promotion of cloud services.

Huawei continues to offer a number of innovative products. The P50 series of phones, which consists of Huawei P50 Pro and P50 Pocket, was recently introduced in Slovenia. Thus, the phones join the wide range of other Huawei devices we have available to us. First, there are the mid-range Huawei Nova 9 and Huawei Nova 8i phones, followed by the Watch GT 3 smartwatch, MateView displays, MateView GT and FreeBuds Lipstick wireless earphones, which are also great fashion accessories.

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