04 March 2021, Colombo: Samsung Electronics returns to the realm of Fortune’s top 50 most admired companies for the first time in two years, having been recognized for excelling in various areas of operation. As of February 1, 2021; Samsung Electronics has an All-Star Rank of 49 on Fortune’s list.
Samsung Electronics was ranked 49th with an overall score of 7.56, up 0.6 points from last year. The company was awarded 1st place in a multitude of categories including Innovation, Quality of Management, Long-Term Investment Value, Quality of Products/Services, and Global Competitiveness. Samsung Electronics also ranked 2nd in People Management, Use of Corporate Assets, Social Responsibility, and Financial Soundness.
Samsung Electronics is the only South Korean company to be included in Fortune’s top 50 companies in 2021 which is a phenomenal achievement. Samsung Sri Lanka is currently ranked as the number 1 in electronic brand in Sri Lanka by Brand Finance Lanka, further cementing its place in Fortune’s Top 50.
It was all the way back in 2005 when Samsung Electronics was named one of the ‘World’s Most Admired Companies’ by Fortune for the first time. It was ranked 39th and the company kept climbing up Fortune’s ladder in the years to come, achieving 21st place in 2014.