Samsung Electronics Ranks 49th in Pocheon’s’Most Admired Company’… Apple No. 1

Input 2021.02.02 07:31

Samsung Electronics has been rebranded in two years as one of the world’s top 50 most respected companies selected by Fortune, an American economic magazine.

According to the ranking of’World’s Most Admired Companies in 2021′ recently announced by Forcheon, Samsung Electronics ranked 49th with a score of 7.56. Among domestic companies, only Samsung Electronics entered the ranking (50th place).

Samsung Electronics (005930)First entered this ranking in 2005 (#39). In 2014, it rose to the 21st place, but was not placed in the rankings for the second consecutive year in 017 and 2018 due to the Galaxy Note 7 ignition accident and the prosecution’s investigation of Vice Chairman Lee Jae-yong. Then, in 2019, it re-entered the rankings again at 50th place, but fell back from the rankings last year.

The evaluation was conducted with 670 companies in 52 industries in 30 countries around the world. 3820 people, including executives, executives, and analysts of major companies, are asked to evaluate and score 9 items including innovation, personnel management, asset utilization, social responsibility, quality management, financial soundness, long-term investment value, product and service quality, and global competitiveness Then again, the 10 most respectable companies were selected and the overall ranking was calculated.

Apple of the United States ranked first for 14 consecutive years with an 8.59 point. Leading American companies such as Amazon, Microsoft, Walt Disney, Starbucks, Berkshire Hathaway, Alphabet (Google parent company), JPMorgan Chase, Netflix, and Costco Wholesale ranked 2nd-10th.

Among Asian companies, three companies including Samsung Electronics, Toyota Motor Company of Japan (31st) and Singapore Airlines (34th) were named.

Samsung Electronics ranked first in the electronics sector together with Arrow Electronics of the United States in Forcheon’s ranking of respected companies by 52 industries.

Although not among the top 50 respected companies, Hyundai Motor Company (7th in the automobile sector) ranked 169th and LG Electronics (6th in the electronics sector) ranked 196th.