Huawei grabbed 96th place in Fortune Global 500 list

Fortune Global has released a list of top companies of 2022. There are a total of 145 Chinese companies made their way to the 2022 Fortune Global 500 list.

The top Chinese companies entered the industries like energy, metals, technology, banking, and insurance. State Grid, China’s national energy provider, is the highest-ranked Chinese company on the list at number three, following Walmart and Amazon.

Here in this article, we will check the top 5 Chinese tech firms listed on the Fortune Global 500 list: Hon Hai Precision, JD.com, Alibaba, Huawei, and Tencent.

1. Hon Hai Precision
Ranking: #20

2. JD.com
Ranking: #46

3. Alibaba
Ranking: #55

4. Huawei
Ranking: #96

As per the listing, Huawei has fallen, now it ranked from 44th to 96th. The firm’s revenue also fell in 2021, with the figure down 23.6% on the previous year to $98.72 billion, but its profits grew 88.2% to $17.62 billion during the same period.

5. Tencent
Ranking: #121

Fortune Global 500 list Huawei Ranked 96th
Fortune Global 500 list Huawei Ranked 96th

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