Subscribe
E-Paper
 |
| Samsung Electronics' Seocho office in Seoul. / Korea Times file |
By Baek Byung-yeul
Samsung Electronics ranked third in the Forbes 2019 top 100 digital companies' rankings, edging out global IT giants Google and Intel, according to the U.S. business magazine, Sunday. Samsung is behind only Apple and Microsoft.
Google holding company Alphabet and AT&T were fourth and fifth, followed by Amazon, Verizon, China Mobile, Walt Disney and Alibaba.
The Korean tech giant did not make the top 10 in 2018.
To make the list, Forbes narrowed down its prospect list from its Global 2000, the annual ranking of the world's biggest companies. Companies ― selected in the technology, medial, digital retail and telecommunication sectors ― were scored on a variety of factors such as sales, profits, assets growth and stock performance.
Forbes said Samsung "engages in the manufacturing and selling of electronics and computer peripherals."
Other than Samsung Electronics, three Korean companies were on the list. SK hynix, a semiconductor-making arm of SK Group, was 28th, followed by SK Holdings ― the SK group holding company ― at 60th and SK Telecom at 67th.
By country, Korea shared fourth place along with the Netherlands, listing four companies on the top 100 list, following the United States with 38 companies, Japan with 13 and China with nine.
In May, Samsung ranked seventh in Forbes' world's most valuable brands 2019. The brand value was estimated at $53.1, up 11 percent year-on-year.
