Honeywell named as leader in electronics of 'World's Most Admired Companies' by Fortune

15:39 | 26/03/2018
Honeywell - a Fortune 100 company has achieved the first rank in the Electronics industry of the “World’s Most Admired Companies” by Fortune magazine in the consecutive two years.   
honeywell named as leader in electronics of worlds most admired companies by fortune
Regularly, the multinational business magazine published prestigious ranked lists, including Fortune 500, 40 under 40, 100 Best Companies to Work For, and World’s Most Admired Companies - a ranking of the most respected companies in business

Honeywell has been selected as one of the “World’s Most Admired Companies” for 12th consecutive year, and the second year in a row they rank first in the electronics industry.

To conduct this survey, 680 highest-revenue companies are selected from 1,500 candidates (1,000 largest US companies ranked by revenue, and non-US companies in Fortune’s Global 500 database with revenues from $10 billion).

honeywell named as leader in electronics of worlds most admired companies by fortune

Honeywell is a Fortune 100 software-industrial company

From that pool of 680, the list by each industry is compiled from the votes of 3,900 executives, directors, and securities analysts on nine criteria. Honeywell received first place rankings in reputation attributes for people management, use of corporate assets, quality of management, financial soundness, long-term investment, and quality of products/services. The company ranked second place in innovation, social responsibility, and global competitiveness.

Accordingly, the firm is considered the most admired companies in three sectors, including home electronics, sensing & internet of things (SIoT) and electronic materials.

Notably, Honeywell is a leading brand in offering unsurpassed quality and a broadened range of electronic products and accessories that can complement any home and place of business. Initiated with a "damper flapper” – an ingenious predecessor to the modern thermostat since 1886, the company’s portfolio now range from heating/cooling and air quality products, to safety & security and other enery-efficient devices.

Recently, Honeywell has officially introduced the Air Touch range of air purifiers to Vietnam market. Built on a well-tested and proven technology platform, Air Touch is designed to address the ever-growing problem of air pollution inside Vietnamese homes and offices.

honeywell named as leader in electronics of worlds most admired companies by fortune

Honeywell’s patented multi-layered filtration: Pre-filter, HEPA Filter that removes over 99 per cent PM2.5 and microscopic allergens, and the patented HiSiv™ filter (imported from US) that maintains maximum absorption efficiency of formaldehyde even in high humidity environments.

Regarding SIoT, with a broad product line of over 50,000 products, Honeywell’s SIoT, part of Safety and Productivity Products strategic business group, is a leading global supplier of standard and custom-engineered packaged products and switches, gas sensors, electronic sensors, barcode scan-engines and test & measurement sensors.

Entering Vietnam since 2017, Honeywell’s SIoT aims to become the top sensor/ switches supplier in Vietnam. The company has strong foundation for their ambition, as they possess a product portfolio to meet the requirements of emerging industries in Vietnam, including healthcare/medical, industrial automation, and transportation.

honeywell named as leader in electronics of worlds most admired companies by fortune
Honeywell named as leader in Electronic Materials

Honeywell’s Electronic Materials is a leading supplier to the worldwide electronics industry, providing critical materials that enhance the performance and productivity of manufacturing processes. The unit manufactures and supplies the semiconductor industry with electronic chemicals, electronic polymers, targets coil sets and metals, advanced packaging, and thermocouples. As part of Honeywell, the Electronic Materials unit share in the strength, resources and best practices of one of the world’s leading corporations.

honeywell named as leader in electronics of worlds most admired companies by fortune

Ranking first in electronics among ‘Most Admired Companies’, Honeywell has reaffirmed their position as an innovative corporation with technologies that help everything from aircraft, cars, homes and buildings, manufacturing plants, supply chains, and workers become more connected to make our world smarter, safer, and more sustainable.

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