Brand Finance has named Huawei among the top 10 most valuable brands for 2022 in its recently published Brand Finance Global 500 2022 report, jumping up 6 places from 2021 despite facing many unforeseen challenges. The Chinese tech giant has ranked the world’s 9th most valuable brand for 2022. Its brand value improvement defies the odds amidst the heavy scrutiny it faces from the US.
The report from the London-headquartered brand valuation and strategy consultancy showed a staggering year-on-year growth of 29% in Huawei’s brand value to $71.2 billion.