Samsung Electronics today announced that it stays sixth in Interbrand’s “Best Global Brands” with a brand value of $61.1 billion, taking brand value to a 2% boost.
Major factors in Samsung’s success are:
Innovative products were constantly released, which adapt to the new market-style trends and desires, including the refrigerator BESPOKE, Sero TV and Galaxy Fold
Strong potential demand based on future innovative technologies such as 5 G, AI, IoT, and automotive industry
World number one place in the memory of semiconductors and market dominance in technology
The mobile company of Samsung has proceeded with its positive Galaxy releases. The business-led the market with Galaxy Fold in the class of foldable smartphones and continued to work for Samsung’s “Do What You Can’t”. Its visual displays company, which for 13 consecutively years has been the market leader, offered consumers not only new viewing experiences through QLED 8 K and MicroLED displays, but also reflected customer lifestyles through the launch of The Sero, The Frame, and The Serif. Samsung’s premium market dominance in electronic appliances has been retained in both refrigerators and washing machines and has introduced innovative new services for diversified customers like BESPOKE.
Spearheading 5 G, Samsung introduced its first 5 G handset. Its 5 G software also plays a major role in rendering AI and IoT visible and viable. With its unprecedented acceleration, it has also boosted the age of autonomous cars.
Spearheading 5 G, Samsung introduced its first 5 G handset. Its 5 G software also plays a major role in rendering AI and IoT visible and viable. With its unprecedented speed, it has also boosted the age of autonomous vehicles.
In the first mass-produced 12-gigabit (Gb) smartphone DRAM of the industry’s first 12-gigabit (Gb) LPDDR5 and its V-NAND sixth generation with the first 100+ layer of single stack design this year, Samsung has improved its market presence. Samsung has also continuously invested in R&D and the expansion of the system semi-conductor production facilities.
The positive assessment of this year has led to Samsung’s industry dominance and growth in technology. The company not only made investments in internal R&D but also efforts to expand the brand ecosystem through strategic partnerships and to venture into new start-ups in a wide range of industries, including the automotive industry.
“We are delighted that we are very well supported by our relentless attempts to provide real products that attract customers and help them in a better life To improve their product, we must continue to listen and learn from our consumers and drive society to progress through creativity so that we can all succeed together.” YH Lee, Samsung Electronics ‘ CMO, reported.