Technology Magazine April 2021 | Page 150

Huawei
Tencent
TOP TEN

10

Huawei

Brand Value :
$ 55.4bn
Having risen from relative obscurity to become a heavy technological across the globe , Huawei ’ s name recognition ensures it retains a top 10 position despite its recent travails related to Western suspicions about its closeness to the Chinese government - which led to it being banned from involvement in many 5G networks . The company continues to innovate , however , with everything from homegrown operating systems to pig farming .

“ The company continues to innovate [...] with everything from homegrown operating systems to pig farming ”

150 April 2021

09

Tencent

Brand Value :
$ 56.43bn
Chinese holding company Tencent is , through its subsidiaries and associates , active in a wealth of industries with a focus on technology . Those range from instant messaging services , video game publishing and web portals . Led by one of China ’ s most prominent business magnates in the form of “ Pony ” Ma Huateng , the company is headquartered in Shenzhen , in twin skyscrapers known as the Tencent Seafront Towers .