Tech and Teen
  • Technology
  • Teen
  • Entertainment
  • Sports
  • Politics
  • Business
  • World
  • Multimedia
  • IT HOT
  • Blog
  • Technology
  • Business
  • Sports
  • Entertainments

Tech and Teen

  • Technology
  • Teen
  • Entertainment
  • Sports
  • Politics
  • Business
  • World
  • Multimedia
  • IT HOT
  • Blog

Huawei named one of top 10 most valuable brands by Brand Finance

by Tech and Teen January 30, 2020January 30, 2020
written by Tech and Teen January 30, 2020January 30, 2020
Huawei named one of top 10 most valuable brands by Brand Finance

Huawei today announced that Brand Finance, a leading brand valuation and strategy consultancy headquartered in UK, has named Huawei one of the top 10 most valuable brands for the first time ever. In the recently published Brand Finance Global 500 2020 report, Huawei is the third Chinese company on the list with a brand value of US$ 65.084 billion, up 4.5 per cent year-on-year.

“Clearly the next big opportunity for the telecoms industry, the 5G space is inviting fierce competition, with Huawei expanding into markets traditionally covered by Western providers. Despite sparking controversy, the Chinese giant is making clear headway, and with a brand value of US$65.1 billion, now counts among the world’s top 10 most valuable brands for the first time,” writes Brand Finance in the report.

With 205 companies accounting for 45.4 per cent of the top 500, US is the most represented economy in the ranking with a combined brand value of US$ 320.4 billion. China follows closely with 70 companies, equivalent to 18.9 per cent, and a combined brand value of US$ 133.4 billion.

The technology sector continues to draw the most attention as the most valuable sector. Of the 500 most valuable brands, 46 of them – or 14 percent – originated from the tech sector. Together, they have a combined brand value of US$ 986.5 billion. Huawei is the sole Chinese tech brand among the top 10 most valuable brands.

Huawei’s brand value growth can be attributed to its commitment to innovation to continually improve product competitiveness and consumer experience.

In 2019, Huawei predicted that it would ship 240 million units of smartphones and retain its position as the world’s second largest smartphone manufacturer. The company shipped more than 44 million units of its HUAWEI Mate Series and HUAWEI P Series flagship devices, recording a 50 percent increase year-on-year. Winning critical and popular acclaim for their technological breakthroughs, Huawei’s 5G smartphones recorded 6.9 million unit shipments as of December 2019.

Last year, Huawei also built out its all-scenario experience by introducing a range of new products spanning multiple categories, including tablets, PCs, wearables and IoT devices in the HiLink ecosystem, all of which exhibited a certain degree of growth.

Looking at the future, Huawei remains committed to the all-scenario strategy. Richard Yu, CEO of Huawei Consumer Business Group, said: “The all-scenario strategy will remain the primary focus of Huawei for the next five to 10 years.  We are steadfast in our commitment to creating an integrated ecosystem, in which tablets, PCs, VR devices, wearables, smart displays, smart speakers, cars and IoT devices are all connected to smartphones to deliver a truly seamless user experience.”

-End-

 About Huawei Consumer BG

Huawei’s products and services are available in more than 170 countries and are used by a third of the world’s population. Fourteen R&D centers have been set up in the United States, Germany, Sweden, Russia, India and China. Huawei Consumer BG is one of Huawei’s three business units and covers smartphones, PC and tablets, wearables and cloud services, etc. Huawei’s global network is built on almost 30 years of expertise in the telecom industry and is dedicated to delivering the latest technological advances to consumers around the world.

Huawei
0 comment
0
FacebookTwitterGoogle +PinterestLinkedinWhatsapp
previous post
Banglalink signs agreement with Easytrax Limited
next post
Samsung brings door-to-door customer service in Chattogram

related posts

OPPO ‘s exploration of 5G & 10x lossless...

February 27, 2019

Say goodbye to screen glare – watch your...

March 3, 2025

ACI Motors contributes beach cleaner in Cox’s Bazar

April 10, 2019

TikTok Launches New AI Content Labeling and Media...

May 20, 2024

OPPO Launches Reno8 T

March 2, 2023

OPPO F11 Pro: Best portrait camera that comes...

July 21, 2019

Microsoft Lumia 435, 532 will come to Bangladesh...

August 1, 2018

Huawei releases 2020 Sustainability Report

July 9, 2021

Grameenphone, Telenor Group and UNICEF rolls out Child...

September 26, 2018

vivo Delivers ‘Customer-First’ Care Facilities across Bangladesh for...

June 19, 2022

Xiaomi Bangladesh launches slim and light Mi 11...

July 24, 2021

Shohoz refreshed with the new slogan ‘Shohoz, Shobar...

August 16, 2019

Leave a Comment Cancel Reply

Save my name, email, and website in this browser for the next time I comment.

Recent Posts

  • 5G-A and AI Fostering the Intelligent Connectivity

    June 27, 2025
  • Dr. Abdulla Receives Prestigious Doctorate Degree for Global PMO Leadership and Innovation

    June 26, 2025
  • Pepe Jeans Powers up in Jaipur with its Biggest Indian Store Yet

    May 15, 2025
  • Shafayat Alam takes helm as CEO of Nagad

    May 14, 2025

Popular Posts

  • 1

    Infinix Showcases AI-Driven Next-Gen Customization at MWC 2025

  • 2

    Huawei ‘Seeds for the Future Bangladesh 2025’ Registration Opens

  • 3

    Which Technology of Water Filter is Good for Bangladesh?

  • 4

    BYD starts delivering SEALION 6 in Bangladesh

  • 5

    Infinix leading another lifestyle with Note 50 series

Archives

  • June 2025
  • May 2025
  • April 2025
  • March 2025
  • February 2025
  • January 2025
  • December 2024
  • November 2024
  • October 2024
  • September 2024
  • August 2024
  • July 2024
  • June 2024
  • May 2024
  • March 2024
  • February 2024
  • January 2024
  • December 2023
  • November 2023
  • August 2023
  • July 2023
  • June 2023
  • May 2023
  • April 2023
  • March 2023
  • February 2023
  • January 2023
  • December 2022
  • November 2022
  • October 2022
  • September 2022
  • August 2022
  • July 2022
  • June 2022
  • May 2022
  • April 2022
  • March 2022
  • February 2022
  • January 2022
  • December 2021
  • November 2021
  • October 2021
  • September 2021
  • August 2021
  • July 2021
  • June 2021
  • May 2021
  • April 2021
  • March 2021
  • February 2021
  • January 2021
  • December 2020
  • November 2020
  • October 2020
  • September 2020
  • August 2020
  • July 2020
  • June 2020
  • May 2020
  • April 2020
  • March 2020
  • February 2020
  • January 2020
  • December 2019
  • November 2019
  • October 2019
  • September 2019
  • August 2019
  • July 2019
  • June 2019
  • May 2019
  • April 2019
  • March 2019
  • February 2019
  • January 2019
  • December 2018
  • November 2018
  • October 2018
  • September 2018
  • August 2018
  • July 2018

Mobiles

  • realme launches C75x: The ultra-waterproof smartphone under Tk 18,000 in Bangladesh

  • TECNO launches CAMON 40 Series with FlashSnap & IP68 & IP69 Waterproof technology

  • Infinix leading another lifestyle with Note 50 series

  • Stylish HONOR X8c to hit Bangladesh market soon with 512GB Massive Storage

  • vivo V50 Lite Launches in Bangladesh with Tahsan at Grand Event

Popular Posts

  • 1

    Shafayat Alam takes helm as CEO of Nagad

  • 2

    Prime Bank PLC. Partners with Toyota-Navana Limited

  • 3

    tap brings payment facilities at Cantonment CSD

  • 4

    Prime Bank & bKash Enter into Payroll Agreement

  • 5

    Banglalink signs agreement with Easytrax Limited


Tech and Teen is proudly powered by WordPress