Samsung Electronics recognized as one of top five global brands for fifth time

Reported By: ST Report Posting Time: 2024-10-28 03:00:39 Catagory: Business News
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Samsung Electronics recognized as one of top five global brands for fifth time

Samsung Electronics has recently been recognized as the Global Top 5 Brand for five consecutive years. The company received such prestigious recognition from Interbrand, a global brand consultancy. Samsung brand value has reached $100.8 billion and has grown by 10 percent year-on-year.
Such a rise in the brand value of Samsung is primarily due to the growth of AI industry. The company vision – AI for ALL – fostered more expansion of its portfolio of products, which are incorporated with AI (Artificial Intelligence) technologies to elevate customer experiences.
The brand has been leading the mobile AI by launching the Galaxy S24 series and Galaxy Foldables.
These automation in the devices have already started transforming individuals lifestyles, especially with several key features like, Circle to Search, Interpreter, Chat Assist, Transcript Assist, Sketch to Image, PDF Overlay Translation, Generative Edit, Photo Assist, ProVisual Engine, and Instant Slow-mo. The tech giant has also infused artificial intelligence into its Televisions, Networks, Refrigerators, Washing Machines, and Semiconductors to broaden the SmartThings system so that customers can offer unified connectivity experiences.