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  Technology   In Other news  07 Feb 2019  Huawei rose to 12th spot on Brand Finance Global 500 2019

Huawei rose to 12th spot on Brand Finance Global 500 2019

DECCAN CHRONICLE
Published : Feb 7, 2019, 4:23 pm IST
Updated : Feb 7, 2019, 4:23 pm IST

HUAWEI ranked twelfth on Brand Finance Global 500 2019 with an increase in its brand value by more than 63%.

HUAWEI’s global ranking increased by 13 as it continues to gain a foothold as the world’s 500 most valuable brands.
 HUAWEI’s global ranking increased by 13 as it continues to gain a foothold as the world’s 500 most valuable brands.

Brand Finance, the global authoritative consulting agency, released its ranking of the most valuable brands around the world in 2019. HUAWEI ranked twelfth on Brand Finance Global 500 2019 with an increase in its brand value by more than 63%.

In comparison to 2018, HUAWEI’s global ranking increased by 13 as it continues to gain a foothold as the world’s 500 most valuable brands.

HUAWEI has been making breakthroughs in innovation with the launch of its new flagship devices HUAWEI Mate20 Pro in the premium segment and HUAWEI Y9 in the entry-level segment, which gained appreciation for its technological innovation and aesthetics, solidifying the position of the brand worldwide. The company will continue to move forward and bring more innovations to global consumers, one of the recent being the showcase of 5G focused innovations at MWC 2019.

Brand Finance, as the world famous brand value and strategy consulting firm, will assess the thousands of well-known global brands every year. It is one of the most credible global brand value evaluation agencies and its strict selection criteria includes not only Brand Strength Index (BSI), but also Brand Loyalty and Marketing Investment, etc.

Tags: huawei, global ranking, brand finance