New Delhi [India], October 17 (ANI): Samsung Electronics has ranked fifth in Interbrand’s ‘Best Global Brands’ listing for the sixth consecutive yr, sustaining its place as the highest Asian firm among the many world’s main manufacturers, in keeping with a report by Pulse, the English service of Maeil Business Newspaper Korea.
The report famous that the corporate’s model worth reached USD 90.5 billion. Since 2020, Samsung has remained the one Asian firm throughout the international high 5 manufacturers.
‘Interbrand’ assesses company model worth every year by analyzing monetary efficiency, the affect of manufacturers on client buy selections, and total model competitiveness.
The consulting agency mentioned that Samsung’s robust efficiency was fueled by its competitiveness in synthetic intelligence (AI) throughout all enterprise divisions, its AI-powered dwelling expertise ecosystem, intensive funding in AI-related semiconductors, and customer-centric model methods.
Lee Won-jin, head of worldwide advertising and marketing at Samsung Electronics, mentioned, ‘Samsung is dedicated to making sure that extra clients can expertise AI of their on a regular basis lives by means of open collaboration and steady innovation. We will hold evolving to ship various values akin to well being and security, and turn into a model liked by much more individuals.’
Among different Korean companies, Hyundai Motor ranked thirtieth with a model worth of USD 24.6 billion, the second highest amongst Korean corporations. Hyundai Motor has been listed within the international high 100 manufacturers since 2005 and has seen its model worth rise for 16 consecutive years since 2010.
An Interbrand official mentioned, ‘Hyundai Motor has expanded its electrical and hybrid automobile lineups to fulfill buyer wants whereas strengthening its international presence by means of region-specific advertising and marketing methods. The firm has steadily enhanced its model affect not solely within the U.S. and Europe but in addition in rising markets.’
Kia additionally made the highest 100 listing, rating 89th.
Globally, Apple retained the No. 1 spot, adopted by Microsoft, Amazon, and Google. Among Japanese corporations, Toyota ranked sixth, Sony thirty fourth, Uniqlo forty seventh, and Nintendo 53rd. Chinese companies Xiaomi, BYD, and Huawei ranked 81st, ninetieth, and 96th, respectively.
Meanwhile, NVIDIA, a number one AI semiconductor firm, noticed a dramatic rise from thirty sixth final yr to fifteenth this yr. (ANI)