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Huawei for the first time enters top 50 in Fortune Global 500 ranking


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Hi Honor/Huawei Fans,
Hope you all are good stay safe.
Huawei has ranked 49th place in this year’s Fortune Global 500 Ranking, from 61st place last year, leaping 12 Spots. This is the first time when Huawei making its entry among the top 50 companies.
Huawei’s net profit rose 5.6% in 2019, and revenue grew a further 13.1% year-on-year in the first half of 2020, despite facing tough sanctions from the U.S.
The Fortune 500 list ranks companies according to their revenue and profit, focusing on the size of the companies compared with other lists.
As the world’s largest smartphone seller by volume in Q2 2020, #Huawei jumps from 61st ➡ 49th place in this year's Fortune Global 500 ranking, making the top 50 for the first time.
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