MOST VALUABLE BRANDS | Huawei is the only Chinese company on Forbes’ List

June 7, 2017 - 5:25 PM
A man looks at a Huawei mobile phone as he shops at an electronic market in Shanghai January 22, 2013. REUTERS/Carlos Barria

MANILA, PHILIPPINES | Forbes recently selected 100 most valuable brands every year from a pool of over 200 international brands worldwide.

This year, the top 100 on the list spread among 15 countries, with the United States taking the obvious lead with 56 spots, followed by Germany, France and Japan with 11, 7 and 6 spots respectively.

Technology is without a doubt the hottest industry of all, taking 18 spots of the list, and 9 out of the top 15 are technology companies.

Apple, in particular, grabbed the first place for the 7 consecutive years. For other industries, the list saw 13 from the financial industry with American Express taking the highest ranking of its category, valued at $24.5 billion and ranked the 22nd. While 12 consumer goods companies made the cut, and the first place of this category goes to Gillette, valued at $19.2 billion and ranked the 28th.

Huawei outperformed the industry in 2016 by making a vast lead, thanks to the recognition of the China-based tech brand from consumers worldwide.

The first quarter of 2017 saw this momentum continue as Huawei’s smartphone shipments grew steadily. According to statistics from top research institutes like IDC, SA and Trendforce, Huawei smartphone shipments ranked 3rd globally and the 1st in China, ramming down its position in the top segment internationally.

With the innovative flagship P and Mate series, Huawei witnessed growing influence in the primary segment of smartphones.

The Huawei P9/P9 Plus sold over 12 million units in the world, becoming its 1st flagship model selling over 10 million units.

In October 2016, Huawei made the list of Interbrand’s “Top 100” most valuable brands in the world and climbed to the 72nd place, the fastest climber in the technology industry.

Further, Huawei was also selected into the “Global 500” ranking of the most valuable brands of 2017 and was ranked the 40th, moving up by 7 spots compared with the previous year.

Huawei P10 smartphone