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2016 Fortune 500: Huawei Marches in Leaps and Bounds

2016-07-21 15:32:06

On 20th in July, 2016, Fortune magazine released the 2016 Fortune 500.This year’s Fortune 500 marks the 62nd running of the list. In total, Fortune 500 companies represent two-thirds of the U.S. GDP with $12 trillion in revenues, $840 billion in profits, $17 trillion in market value, and employ 27.9 million people worldwide.
According to the list, China Mobile ranks the 45th with revenue of 106.76 billion US dollars in 2015. China Telecom and China Unicom rank the 132nd and 207th respectively. China’s Huawei performs excellently among Chinese telecom device companies with revenue of 21.821 billion in 2015, moving up more than 100 places.
 Huawei is a leading global information and communications technology (ICT) solutions provider. Driven by responsible operations, ongoing innovation, and open collaboration, it has established a competitive ICT portfolio of end-to-end solutions in telecom and enterprise networks, devices, and cloud computing. Its ICT solutions, products, and services are used in more than 170 countries and regions, serving over one-third of the world's population. With more than 170,000 employees, Huawei is committed to enabling the future information society, and building a Better Connected World.


  Network Telecom  Jacelyn Chen
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