अब आप न्यूज्ड हिंदी में पढ़ सकते हैं। यहाँ क्लिक करें
cyfy
Home » business » Samsung’s brand value estimated at $57.3bn, highest in South Korea

Samsung’s brand value estimated at $57.3bn, highest in South Korea

The South Korean tech titan was followed by Hyundai Motor in the top Korean brand rankings, according to a brand consulting firm Interbrand, Yonhap news agency reported on Tuesday.

By IANS
Updated on :
Samsung Galaxy Note 20 may cost cheaper than Note 10

The brand value of Samsung Electronics Co. is estimated at near $57.3 billion, the largest among South Korean companies, according to a new report.

The South Korean tech titan was followed by Hyundai Motor in the top Korean brand rankings, according to a brand consulting firm Interbrand, Yonhap news agency reported on Tuesday.

South Korea’s No. 1 automaker’s brand value was estimated at 15.7 trillion won, up 4.8 per cent from a year ago.

Compared to this, Samsung’s brand value reached 67.7 trillion won this year, up two per cent from a year ago, said the report.

Hyundai’s sister company, Kia Motors, came in third at 7.1 trillion won, while the country’s leading web portal operator Naver was fourth at 6.1 trillion won.

The top four companies accounted for 63 per cent of the total brand value of the top 50 companies in South Korea, Interbrand said.

The country’s largest mobile carrier, SK Telecom, was fifth on the list, followed by Samsung Life Insurance, KB Kookmin Bank, Shinhan Bank, LG Electronics and SK hynix.

Kakao, which runs South Korea’s top mobile messenger KakaoTalk, saw the sharpest hike in its brand value this year, according to Interbrand.

Kakao’s brand value was estimated at 1.6 trillion won, up 46.6 per cent from a year ago, said the report.

–IANS

(This story has not been edited by Newsd staff and is auto-generated from a syndicated feed.)
(For more latest news and updates Like us on Facebook, Follow us on Twitter. Download our mobile app )

Related

Latests Posts


Editor's Choice


Trending