SEOUL, Oct. 12 (Korea Bizwire) – Samsung’s decision to stop selling and producing its Galaxy Note 7 phablet might have been a smart move, as it showed the company wasn’t afraid to take big steps to correct its mistakes, and can now move on to focus on the success of future projects. But what is [...]
SEOUL, Oct. 5 (Korea Bizwire) – Samsung Electronics Co., the world’s largest maker of smartphones, said Wednesday its global brand value exceeded US$50 billion this year, citing an annual survey of brand management firm Interbrand. This year, Samsung was again ranked as the seventh-most-valuable global brand with a value of $51.8 billion, up 14 percent [...]
SEOUL, Feb. 17 (Korea Bizwire) – Genesis’ brand value has improved significantly since Hyundai Motor Co., South Korea’s No. 1 carmaker, launched it anew as a separate premium vehicle brand late last year, a report showed Wednesday. Brandstock, a South Korean market research firm that determines the rankings of local brands, said in its latest [...]
SEOUL, Oct. 5 (Korea Bizwire) — South Korea’s tech giant Samsung Electronics Co. ranked seventh in the world this year in terms of brand value, a global consultancy report showed Monday. According to the annual report compiled by Interbrand, Samsung Electronics came in seventh for this year, with its brand value estimated at US$45.3 billion. [...]
SEOUL, Nov. 16 (Korea Bizwire) — Sweden’s furniture giant IKEA will open its first store in Korea on December 18 in Gwangmyung, a residential town located in the southern outskirts of Seoul. Earlier on November 13, the company launched a Korean website and showed off more than 8,000 items on sale and their prices. As the [...]